Niklas Heuveldop named CEO of Vonage

Ericsson has announced it has appointed Niklas Heuveldop as CEO of Vonage.

Heuveldop (pictured) has led Ericsson’s North American operations since 2017. His new role is effective as of 1 February.

Rory Read, who took on the CEO position at Vonage in 2020, will leave Ericsson at the end of the first quarter 2024.

Read commented, “It has been a true honour to lead this talented Vonage team on this journey – first around the power of the Vonage Communications Platform and then into the world of 5G with Ericsson.

“There is no question Ericsson is shaping the industry landscape by leveraging the full value of 5G and by creating the world’s most powerful innovation platform.

“The company has come a long way towards realising this strategy and I look forward to following Ericsson and handing over the reins to Niklas’ capable hands.”

Heuveldop said, “I am thrilled but also humbled to be offered the opportunity to ensure that we leverage Vonage’s capabilities and the 5G innovation platform to their full potential – it’s a once in a lifetime opportunity.”

Börje Ekholm, president and CEO, Ericsson, added, “The Vonage acquisition and our investments in the global network platform are foundational to our long-term strategy execution, driving growth in both the enterprise segment, but also reinforcing our network infrastructure business.

“Niklas has proven himself in multiple roles on the executive team. Under his leadership we have significantly strengthened our position in North America, expanding our market share... [and] creat[ing] a solid foundation for our business in the market for years to come.

“He is also an important driver of our ongoing organisational transformation, driving ethics, compliance and operational excellence.”