Ericsson’s Frykhammar joins Openet board of directors
30 April 2018 | Natalie Bannerman
Openet, the BSS solutions provider, has appointed Jan Frykhammar the former CEO and CFO of Ericsson, to its board of directors.
Frykhammar spent almost three decades at Ericsson, during which he held a number of different positions at the company, including interim group CEO, CFO and special advisor to the board. In his new positon Frykhammar will work with Openet board’s members and management team to lead the company towards its goal and ensure it maintains its momentum.
Commenting on Frykhammar’s appointment Niall Norton, CEO of Openet, said: “We are delighted to be welcoming such an accomplished and well-respected telecoms leader onto the board of directors. Having been an invaluable member of the executive team at Ericsson, Jan has in-depth insight to the changes needed for vendors and operators alike during this period of industry transformation. With digital now a critical requirement, all BSS vendors must adapt their business models to put the evolving needs of operators first, and develop a profit model that is symbiotic. This, unfortunately, is far from the broken model we have today. With Jan on-board, I hope we can continue to disrupt the industry and provide operators with an alternative approach to digital BSS.”
In addition to his time at Ericsson, Frykhammar has also served as a board member for the Swedish International Chamber of Commerce, as well as the confederation of Engineering Enterprises in Sweden. At present he sits on the boards of Telavox AB, the telephony, PBX and chat solutions provider; Clavister AB, the network security vendor; and as advisor to Utimaco AG, the cyber security provider, as well as Ratos AB, the Swedish private equity company firm.
“Openet is making real strides in supporting Operators with a new fresh way of thinking around digital transformations, and I am privileged to join the company’s board of directors at such a critical point in its growth. Having worked in the telecoms industry for almost 30 years, I hope to support the great Openet team to deliver on its high growth aspirations as well as defining winning strategies. Openet’s message of changing the game is right. The industry needs to change and I look forward to working closely with Niall, and the whole Openet team, to continue to drive disruption through innovation and delivering value for customers and stakeholders,” added Frykhammar.
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