In addition to the general meeting of shareholders, the principal responsibility for the company’s administration and operations lies with the Board of Directors and the President and CEO. The Board is responsible for the proper organization of the company, and the strategy formulated by the Management Team is endorsed by the Board of Directors. The President and CEO is responsible for day-today operations. He is supported in his work by a Management Team.
Organization
Elcoteq's organization consists of Group functions and three business areas that operate as profit centers, namely Personal Communications, Home Communications and Communications Networks.
Group functions support the business areas by ensuring that the operating model is globally consistent and that synergies between the business areas are utilized as efficiently as possible. The business areas are responsible for their own customer accounts and operations related to these as well as supply chain management, and develop their businesses and service offering in their own business area.
Organization