Ericsson announces change in Executive leadership team

| Source: Ericsson, Telefonab. L M
  * Douglas Gilstrap, Senior Vice President and Global Head of Strategy, will
    resign from his role, effective August 1, 2014, and leave Ericsson's
    Executive Leadership Team
  * Gilstrap has been key to developing Ericsson's global business strategy over
    the past five years and instrumental to the company's business development
    and mergers & acquisitions activities
  * The process to find a new Head of Strategy for the Ericsson Group will start
Ericsson (NASDAQ:ERIC) today announced that Douglas Gilstrap will resign from
his role as Senior Vice President and Head of Group Function Strategy and leave
Ericsson's Executive Leadership Team. Gilstrap joined Ericsson in this role in
2009 and has been responsible for developing Ericsson's business strategy and
driving the company's M&A activities during this time. He has also played a key
role in dissolving the ST-Ericsson joint venture and integrating the thin modems
business into Ericsson; since 2013 he also serves as Chairman of Business Unit

Hans Vestberg, CEO and President of Ericsson, said: "Douglas has been
instrumental in shaping Ericsson's strategy with his broad industry knowledge,
business development and transactional skills during the five years that he has
been with the company. He has played a leading role in all M&A and key
commercial activities during these years, strengthening Ericsson's position
across all business segments."

Douglas Gilstrap said: "I am very proud of the work that we have done at
Ericsson and how the company has strengthened its position in this transforming
and dynamic market."


Link to Douglas Gilstrap photo and bio found here.

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and society to fulfil
their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud - are enabling the telecom industry and other sectors to do better
business, increase efficiency, improve the user experience and capture new

With more than 110,000 professionals and customers in 180 countries, we combine
global scale with technology and services leadership. We support networks that
connect more than 2.5 billion subscribers. Forty percent of the world's mobile
traffic is carried over Ericsson networks. And our investments in research and
development ensure that our solutions - and our customers - stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2013 were SEK 227.8 billion (USD 34.9 billion). Ericsson is listed on NASDAQ
OMX stock exchange in Stockholm and the NASDAQ in New York.


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Phone: +46 10 719 69 92

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Ericsson discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on April 14, 2014 at 13:30 CET.