Verizon Hires Hans
April 3, 2017
Vestberg is executive vice president and president of Network and
Technology, with responsibility for further developing the architecture
for Verizon’s fiber-centric networks. Network and Technology focuses on
delivering seamless experiences for customers over network assets
consisting of the country’s leading 4G LTE network, the largest 5G
test-bed in the U.S., the nation’s biggest residential fiber network, a
global internet backbone and undersea cable network carrying much of the
world’s internet traffic, and fiber assets in 45 of the top 50 markets
in the U.S.
Before joining Verizon in April 2017, Vestberg served for six years as
president and CEO of Ericsson, a multinational networking and
telecommunications equipment and services company headquartered in
Sweden that provides 35 percent of the world’s 2G, 3G and 4G mobile
For more than ten years after joining Ericsson in 1991 he gained broad
international experience with leadership positions on three continents.
After that he was instrumental in developing Ericsson’s industry-leading
services organization, which grew three-fold during his five years of
management. In 2007 he became Ericsson’s chief financial officer, and he
was named CEO in 2009. As CEO, he led more than 150,000 employees as the
company transformed from a focus on hardware to software and services.
is a founding member of the International Telecommunications Union (ITU)
Broadband Commission for Digital Development, where he is leading
climate-change and digital health initiatives. He is also a member of
the Leadership Council of the United Nation’s Sustainable Development
Solutions Network. Since 2015 Vestberg has also been a board member of
both the UN Foundation and the Whitaker Peace & Development Initiative.
Vestberg is a leading voice at industry conferences, including Mobile
World Congress, Code/Mobile and the Consumer Electronics Show. In 2014,
he was ranked #10 on Global Telecoms Business’ list of the 100 most
powerful people in the telecoms industry.
Born in Hudiksvall, Sweden, Vestberg earned a Bachelor of Business
Administration degree from the University of Uppsala, Sweden, in 1991.