Claes Ödman appointed as new General Manager of Ascom Wireless Solutions Division

Apr 13, 2011

The Board of Directors of Ascom Holding AG has appointed Claes Ödman as new General Manager of Wireless Solutions Division and as a member of the Ascom Executive Board.

Since 2005, Claes Ödman has been acting as Vice President in different management functions for Ericsson AB in Stockholm. Prior to that, he held general management positions for Ericsson in Singapore and Taiwan. He has a Master of Science in Engineering Physics and also attained an MBA, both from Chalmers University in Gothenburg.

Claes Ödman will lead the Wireless Solutions Division based in Gothenburg (Sweden). Wireless Solutions is the largest division of the Ascom Group and accounted in 2010 for about half of Group revenue and for about 55% of Group EBITDA (www.ascom.com/report-en). Claes Ödman will take over his new function as of 14 June 2011.

Fritz Mumenthaler, CEO of Ascom: "I am convinced that we have found in Claes Ödman the right manager who can bring the business of Wireless Solutions to the next level. Claes has a broad international management experience, solid knowledge of the telecommunication industry and the strategic understanding as well as the operational drive to develop our business".

ABOUT CLAES ÖDMAN

Nationality: Sweden
Date of birth: 19 April 1965
Family: Married, three children
From 2005 Ericsson AB, Stockholm: Vice President
  • Engagement Practices Region Northern Europe and Central Asia (from 2010)
  • Head of Region Project (2010)
  • Head of Sales and Marketing (2008-2009)
  • Multimedia Solutions (2005-2008)
2001-2005 Ericsson Telecom PTE Ltd., Singapore: President & Country Manager
1998-2001 Ericsson Taiwan Ltd., Taipei: Vice President
1994-1998 Ericsson Radio Systems, Stockholm: Area Manager
1990-1994 Saab Marine Electronics AB, Gothenburg: Area Manager
1990 Masters of Science in Engineering Physics
Master of Business Administration
(both from Chalmers University, Gothenburg)

Additional information:

Photos of Claes Ödman can be downloaded at http://www.ascom.com/en/index/news-corporate/media-downloads.htm

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This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).