STOCKHOLM, SWEDEN: Ericsson is looking for a new global SVP of
communications following the resignation of Roland Klein.
Klein is launching his own PR agency with Christoph Walther, former
DaimlerChrysler PR head. The automaker will be the new firm's first
Now Ericsson is searching for someone to take charge of its in-house
international team of 60, including external and internal
communications, as well as IR.
Ericsson is also transferring Gary Pinkham, the company's American
director of IR, to Stockholm so he can work more closely with the CEO
and new COO. Ericsson is hoping Pinkham will bring some of the American
IR culture to Europe.
"Gary is highly rated in the US, and we want to have the same
first-quality exposure in Europe too," Klein said. "Many of the analysts
who cover us are based in London."
The SVP position also includes managing agency relationships, which are
not likely to change anytime soon. "We don't believe in global agencies,
but in competencies where the market is," Klein said. Ericsson retains
Atlanta firm Interland in the US.
Klein, who is based in London, will be leaving his position early next
year, depending on the recruitment of his successor. It is not yet known
where the new SVP will be working. Klein said he typically spends about
70% of his time in Stockholm.