March 28, 2017 / 5:41 AM / 6 months ago

BRIEF-Ericsson simplifies organisation, names executive team

March 28 (Reuters) - Ericsson

* Ericsson simplifies organization and names executive team

* Ericsson is simplifying its organizational structure by removing the two-tiered leadership structure, Executive Leadership Team and Global Leadership Team, and forming a single Executive Team

* In addition, the geographical setup with ten regions will become five market areas, and the business areas are re-defined and reduced to three

* Ericsson says new business areas, market areas and executive team effective april 1

* Ericsson says business area networks to be led by fredrik jejdling, senior vice president, currently head of business unit network services

* Ericsson says business area managed services to be led by peter laurin, senior vice president, currently head of region northern europe and central asia

* Ericsson says business area digital services to be led by ulf ewaldsson, senior vice president, currently head of group function strategy & technology Source text for Eikon: Further company coverage: (Reporting By Anna Ringstrom)

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