Hans Vestberg

Executive / Chief Executive Officer
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About

Hans Vestberg is chairman and chief executive officer of Verizon, the world’s largest wireless, fibre-optic and global information networks and services company. In 2017, Hans served as Verizon’s chief technology officer and president of Global Networks, responsible for developing the architecture for Verizon’s fiber-centric networks. He was appointed CEO in August 2018 and Chairman of Verizon’s Board of Directors in March 2019.

Hans has transformed Verizon’s business, leading the company to be the first in the world to deploy 5G home and mobile technology including the nationwide launch of 5G Ultra Wideband in 2022. Under his leadership, Verizon delivers seamless experiences for consumers, including content partnerships with Disney, Discovery+ and Apple Music as well as for business customers seeking mobile edge compute solutions. In its consumer and enterprise businesses, Verizon offers clients maximum optionality. Verizon has consistently provided customers with the most reliable network in the United States.

Before joining Verizon, Hans served for six years as president and CEO of Ericsson, a multinational networking and telecommunications equipment and services company headquartered in Sweden. In 2007, he became Ericsson’s chief financial officer and was promoted to CEO in 2009. He led more than 115,000 employees and Ericsson’s transformation from focusing on hardware to software and services.

Hans is a founding member of the International Telecommunications Union (ITU) Broadband Commission for Digital Development, where he has led climate change and digital-health initiatives. He is a board member of BlackRock, the UN Foundation, the Whitaker Peace & Development Initiative. He is Co-Chair of the New Jersey CEO Council, a coalition of leaders from the state’s largest companies. Hans chairs The World Economic Forum’s EDISON Alliance for Digital Inclusion, which aims to impact 1 billion lives with affordable and accessible digital solutions by 2025. He is the past chairman of the Swedish Olympic Committee and a current member of the Leadership Council of the United Nations’ Sustainable Development Solutions Network, where he helped author the UN’s Sustainable Development Goals.

Hans is a leading voice at technology and global economic conferences including the Consumer Electronics Show, Mobile World Congress, The Economic Club of New York, and The World Economic Forum’s Annual Meeting in Davos. Alongside Apple CEO Tim Cook, Hans introduced the world’s first 5G iPhone. With Amazon CEO Andy Jassy, he unveiled the world’s first mobile edge computing public network at AWS re: Invent.

 

Personal Details

Title: Mr
Surname: Vestberg
DoB: 23/06/1956
Age: 70 years
M/F: Male
Nationality: Sweden
Country of Birth: Switzerland
Language: English
Qualification: M.B.A.
Industry:

 

Qualifications & Experience

 

Industry Experience +5yrs:
Industry Qualification +5yrs?:
Finance experience +5yrs?:
Finance Qualification +5yrs:
Legal experience +5yrs?:
Delinquent director?:
Other Experiences?:
Collapsed company director?:

 

Other directorships (state)

(only entities turnover at least $5m p/a)

CompanyCommitteePositionDate Appointed
BoardMember01/06/2015

 

Working history

Name

Chief Financial Officer

Ericsson
Appointed Date: 01/01/2024
Date Resigned: 01/01/2024
Industry: Technology

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Name

President

Ericsson
Appointed Date: 01/01/2024
Date Resigned: 01/08/2024
Industry: Technology

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Committee/s

CompanyCommitteeRoleAppointment DateResignation Date
Verizon CommunicationsBoardChairperson01/01/2024
BlackrockBoardMember

 

Independence Questions

Any family members working for the company?:
Are you doing business with the company?:
Do you hold shares in the company for more than 0.10%? (directly or by representation):
Is your Director annual fee more than 5% of your total income from all sources?:
Are you more than 10 years as a director?:
Are you an executive chairperson?:
InsidEntity has assumed that responses to the Independent Questions are NO as the company has not populated the information. The result will present the Director as Independent.
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