Hans Vestberg was born on 23 June 1965 and is a Swedish businessman and CEO of Verizon Communications, where he has worked as executive vice president of the company's network and technology team, and as chief technology officer.
16 Facts About Hans Vestberg
2.
Hans Vestberg studied at Uppsala University in Uppsala, Sweden, where he received a degree in Business Administration and Economics in 1991.
3.
Hans Vestberg began his career in Hudiksvall at Ericsson Cables in 1991.
4.
Hans Vestberg worked at Ericsson for 25 years, with management roles for the company in Sweden, China, Brazil, Mexico and the United States.
5.
Hans Vestberg was CFO for Ericsson in Brazil from 1998 to 2000.
6.
From 2000 to 2002, Hans Vestberg was CFO for Ericsson in North America and comptroller for the Americas.
7.
Hans Vestberg served as president for Ericsson in Mexico from 2002 to 2003.
8.
Hans Vestberg became the first CEO of Ericsson without an engineering background when he replaced Carl-Henric Svanberg in January 2010.
9.
Hans Vestberg was ousted July 2015, following Ericsson's poor financial performance.
10.
Hans Vestberg joined Verizon as the company's chief technology officer and executive vice president of its network and technology team on April 3,2017.
11.
On June 8,2018, Verizon announced that Hans Vestberg would succeed Lowell McAdam as the company's chief executive officer on August 1,2018.
12.
In 2021, Verizon and Hans Vestberg were criticized for Hans Vestberg's $39.4 million golden parachute executive compensation plan, with a group of retired shareholders called the Association of BellTel Retirees alleging that the scale constituted boardroom misconduct.
13.
In May 2021, Hans Vestberg was elected to the board of directors of BlackRock, where he serves on the governance committee.
14.
Hans Vestberg was the chairman of the Swedish Handball Federation from 2007 to 2016.
15.
Hans Vestberg left the Swedish Handball Federation to serve as president of the Swedish Olympic Committee from 2016 to 2018 as the country vied to host the 2026 Winter Olympics in Stockholm and Are.
16.
Hans Vestberg is fluent in Swedish, English, Spanish, and Portuguese.