The FINANCIAL — Ericsson's (NASDAQ:ERIC) Annual General Meeting of Shareholders will take place on April 13, 15.00 CET, in Stockholm.
The nomination committee proposes Michael Treschow be re-elected Chairman of the Board of Directors, Roxanne S. Austin, Sir Peter L. Bonfield, Börje Ekholm, Ulf J. Johansson, Sverker Martin-Löf, Nancy McKinstry, Anders Nyrén, Carl-Henric Svanberg, and Marcus Wallenberg be re-elected and Hans Vestberg and Michelangelo (Mike) Volpi be elected new members of the Board of Directors.
Mike Volpi is a partner at Index Ventures in London where he focuses on investments in the internet, telecom/networking and media sectors. His career in the technology sector began at HP where he worked in the optoelectronics division. He then moved on to Cisco Systems in 1994, where he was Senior Vice President and led Cisco's business for the service provider market, and was also responsible for all of Cisco's routing and access products. He also served as Cisco's Chief Strategy Officer. Volpi left Cisco in 2007 to serve as CEO at Joost, a venture backed start up delivering premium video services over the internet.
Mike Volpi was born in 1966. He holds a Bachelor of Science in Mechanical Engineering and Masters in Manufacturing Systems Engineering from Stanford University and an MBA from the Stanford Graduate School of Business.
Hans Vestberg was appointed President and CEO of Ericsson on January 1, 2010. He was born 1965 and earned a Bachelor of Business Administration degree from the University of Uppsala, Sweden, in 1991. Shortly after joining Ericsson in 1991, Hans Vestberg was appointed to various international managerial positions in China, Sweden, Chile, Brazil and the US. Prior to taking on the position as CEO and President, he held the position as Chief Financial Officer.