Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Ericsson chief earns 22.2 million kronor

Share this article

11:27 CET+01:00
The managing director of Ericsson, Carl-Henric Svanberg, received a total salary of 22.2 million kronor last year, according to the telecom giant's annual accounts.

That's a marginal decrease on the year before, when he took home 22.3 million.

Svanberg's fixed salary climbed from 12.7 million kronor in 2004 to 14.6 million kronor last year. But the bonus, which is calculated on the previous year's performance, fell to 7.6 million kronor from 9.6 million in 2004.

In 2005 Svanberg earned a bonus of 8.7 million kronor, which will be paid out this year.

Get notified about breaking news on The Local

Share this article

From our sponsors

The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.

Advertisement