Borje Ekholm

Date of Birth: March 14, 1963

Zodiac Sign: Pisces

Biography

Borje Ekholm is a prominent Swedish businessman, known for his influential role as the President and CEO of Ericsson, a leading multinational networking and telecommunications company. Ekholm was born in Sweden and pursued his higher education in the United States, earning a Master of Business Administration (MBA) from INSEAD and a Master of Science in Electrical Engineering from the Royal Institute of Technology (KTH) in Stockholm. Ekholm’s career began at McKinsey & Company, where he worked as a management consultant. His expertise in strategic planning and operations management paved the way for his future roles. In 1992, he joined Investor AB, the investment company controlled by the Wallenberg family, one of Sweden’s most influential business dynasties. Ekholm held various positions at Investor AB, ultimately serving as President and CEO from 2005 to 2015. During his tenure, he significantly enhanced the company’s investment portfolio and global presence. In January 2017, Borje Ekholm was appointed CEO of Ericsson, a company facing numerous challenges, including financial struggles and intense competition. Under his leadership, Ericsson underwent substantial restructuring, focusing on core business areas and innovation. Ekholm’s efforts have been instrumental in revitalizing the company and positioning it as a key player in the 5G technology revolution.

5 Interesting Facts about Borje Ekholm

1. Borje Ekholm has dual degrees: an MBA from INSEAD and an MSc in Electrical Engineering from KTH.

2. He served as the President and CEO of Investor AB before joining Ericsson.

3. Ekholm led a significant restructuring at Ericsson, which included cost-cutting measures and strategic refocusing.

4. He is known for his strong advocacy of 5G technology and its potential to transform industries.

5. Ekholm is a member of the Board of Directors of Alibaba Group, illustrating his influence in the global business community.

5 Most Interesting Quotes from Borje Ekholm

1. “Innovation is at the heart of Ericsson’s strategy. We are committed to leading the development of 5G technology.”

2. “The transition to 5G is not just about speed; it’s about creating a platform for innovation across industries.”

3. “Leadership is about setting a vision and inspiring people to achieve it.”

4. “In times of transformation, clarity and focus are crucial for success.”

5. “Our goal is to create a sustainable and profitable business that can adapt to a rapidly changing environment.”

Highest Net Worth Achieved

The highest net worth achieved by Borje Ekholm is estimated to be around $50 million.

Children

Borje Ekholm is married and has three children. He has kept his family life relatively private, focusing public attention on his professional achievements.