CV Bo Fristedt, Senior Advisers
2013-10-17
Bo Hans Ingvar
Fristedt
Swedish
bo.fristedt@senioradvisers.se
bo.fristedt
+46-8-559 226 97 (forwarded to mobile)
+46-722463967
First name:
Last name:
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Skype:
Skype fixed line:
Mobile (Sweden)
Board memberships (commercial)
Year
From
2013-06
Year
To
2012-06
2013-06
Country
Company
Position description
Sweden
Dirac Research
AB
Dirac Research
AB
Board Member (www.dirac.com)
Sweden
Deputy Board Member
Career history - employments
Year
From
2010-05
Year
To
2013-05
Page 1 of 5
Country
Company
Position description
P.R. China
Huawei
Technologies
Senior Advisor Enterprise Architecture – Business & IT
All areas below include analysis, feedback and guidance on
how to improve.
Finance Area:
 Definition of a new, more Business Oriented structure
and set up of Financial Processes including their
relation to the Execution Processes (Customer
Projects, Supply, Services, Product Management etc)
 Define Roles and Responsibilities in the Finance Area
with focus on the separation of tasks/processes
between central roles and local/regional roles
 Set up of a new structure for Group Policies and
Directives
 Analysis of existing Financial Model and advice on areas
of improvement in order to be able to better
understand and control the business
 Guidance and support around Customer Project
Budgeting and Control (large installation projects) in
conjunction with the development and global
implementation of a new global IT solution in the
subsidiaries.
 Support and advise related to the Shared Financial
Services operations including relevant processes
Business and IT Architecture (all areas except R&D):
 Analysis of all areas of the business from an integrated
perspective; roles and responsibilities, collaboration,
management reporting and IT support and efficiency
 Based on above provide specific recommendations how
to improve in order to make major changes from a cost
and performance perspective
CV Bo Fristedt, Senior Advisers
Year
From
Year
To
Country
Company
2005
2010-05
Sweden
Ericsson Parent
Company Group
Function IT
2000
2004
Sweden
Ericsson Parent
Company, Group
Function Finance
2013-10-17
Position description
Global ERP development and roll-out:
 Support and advise from a Business as well as IT
Solution Architecture in a global development and
roll-out project.
 Analysis and recommendations on how separate projects
need to collaborate in order to secure a well-integrated
solution.
Product (Lifecycle) Management:
 The role of Product Management and its connection to
Marketing, Sales, Supply, Services and R&D
 The integration needs in the development of Financial
Model as well as in Product Data Management and
Order and Supply Chain.
Product Data Management:
 Analyze as-is situation, point at improvement areas
 Clarify the central role of Product Data
Supply Chain:
 Support in the above Global ERP development and rollout; needs driven by as well as to recommend
improvements in the setup of the Supply Chain
 Analysis and recommendations from an integrated
Finance and Supply Process perspective how to
improve in order to achieve better performance,
monitoring and control.
 Explain how an integrated view of Product Development
and Supply structure could dramatically improve lead
times and cost and how and improved visibility would
support in the understanding as well as improvements.
Director Special Projects
2007 –
 Responsible for the IT part in Mergers, Acquisitions and
Divestments (MA&D) projects globally, participated
in all major acquisition as well as divestiture projects.
 Developed the entire IT Process around MA&D
2006
 Misc projects in the areas of Data Warehousing with a
special focus to review the entire structure and ways of
working together and between our partners SAP, IBM,
HP and ourselves.
 Sourcing and Workforce Management (Customer
Services) were other areas.
2005 –
 Responsible for the set up of Mgmt Information
Support/Data Warehouse for the global Supply
organization.
Director/Finance Process Manager
Responsible for the development of financial processes within
Ericsson.
 Overall Set Up of the role itself, recruiting staff, build
the function as well as development of the function

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Participated in the initial phases – negotiation team when the Shared Services operations were discussed
and initiated for the EMEA organization and the plans
for cooperation with an external partner.
CV Bo Fristedt, Senior Advisers
Year
From
Year
To
Country
Company
2013-10-17
Position description
Driver and initiator of Ericsson’s global SAP concept from a
Finance perspective.
 Set up for true global financial processes and reporting.
 Ericsson’s Group Chart of Accounts including all related
structures in a global SAP System.
 Ericsson’s set up in (above mentioned Global SAP
system) order to enable Group Reporting according to
USGAAP, IFRS as well local Statutory Accounting.
 Set up and implementation of the concept for global
Master Data Management (Customer, Vendor, Bank,
Chart of Accounts, Products etc) as well as to build the
entire organization and processes around.
Member of the Steering Group for the implementation of IFRS
in Ericsson, special focus Revenue Recognition.
1999
1999
Sweden
Ericson Shared
Services AB
1997
1998
Sweden
Ericsson
Telecom AB,
later also
Ericsson
Enterprise AB
1995
1996
Page 3 of 5
Sweden
Ericsson
Telecom AB
Leading the Core Team for the project developing the improved
way of working for Customer Project Management including
projects across different legal entities in different countries.
Head of and Responsible for the build-up of the Finance &
Accounting part for the first six companies – the major Swedish
ones. Among others the two companies where I was CFO.
The total staff was around 500 and handled what can be seen as
Sweden’s largest company if you add the different Ericsson
entities together.
CFO
Ericsson Telecom AB was at that time a company with a
Revenue of 2.3 BUSD, 12,000 employees and 12 factories.
Member/initiator of the work for the 3-person team that made
the pre-study for Shared Services within Ericsson.
Project Mgr – New Financial System for Ericsson Telecom.
Including cooperation with Ericsson Spain and another Swedish
company in the group.
CV Bo Fristedt, Senior Advisers
Year
From
1991
Year
To
1995
–03
2013-10-17
Country
Company
Position description
Sweden
Grundig
Svenska AB
CFO and also working with the implementation of a new
Nordic Warehouse concept in Copenhagen and related tax
and logistical issues.
Development of an entirely new solution/concept for the
replacement of the own spare parts warehouse. On-line
integration with parent company as well as the forwarding
agent from Germany to end customer.
1988
-08
1990
-12
Sweden
AB Svenska
Pressbyrån
1982
-04
1988
-07
Sweden
Siemens AB
1980
-08
1982
-03
Sweden
Siemens AB
1979
-03
1980
-07
Sweden
Siemens
Elgrossist AB
1977
-08
1979
-02
Sweden
Siemens AB
1974
1977
Sweden
Pfizer Group,
Page 4 of 5
Participated in the pre-studies for the Grundig Group in the
search of a new ERP system for all subsidiaries. Four
different systems thoroughly evaluated.
CIO – including the whole selling subsidiary “Pregross”
and the bookstores “Exlibris”.
 Implementation of own UNIX operations for
General Ledger, Accts Receivables, Accts Payable
(IFS applications). As well as legacy business
specific applications related to sales and logistics.
 Migration from mainframe environment
 Selection and implementation of Point of Sale
system for the bookstores.
 Development and implementation of handheld
computers integrated in old cash registers, modem
and printers for all 800 sales units.
 Analysis and tender for new ERP system for the
wholesaling operations.
CIO – including Siemens Data AB and OSRAM AB.
Responsibilities:
 Mainframe Operations, including the merge of the
centers for Siemens AB and Siemens Data
 System Development; Service Mgmt System, Online ordering system for Drop Shipment integrated
with Siemens Global Product Database, new
General Ledger and Reporting System including
paperless reporting and budgeting/forecasting,
 Methods and tools; implementation of structured
programming, Data Modeling and System
Development methods.
 Active cooperation with Siemens Belgium and
Austria from where many applications were
brought to Sweden.
Mgr Forecasting and Operational Reporting/Analysis –
additional task was continued monitoring and support to
Siemens Elgrossist AB as well as participation in the sales
negotiations.
CFO (during build up phase), an earlier division within the
Swedish Siemens subsidiary that was created as a separate
legal entity in order to stand on its own.
Mgr Forecasting and Operational Reporting/Analysis Major tasks during the last year were the analysis for the
subsidiary “Siemens Elgrossist AB/whole-seller to
installation companies” but also similar activities for
“Siemens Hushållsapparater AB/White goods”. The work
was conducted together with people from Mc Kinsey in one
part and Boston Consulting Group in one other part.
CFO – Finance staff 8 persons. A group of 4 companies in
CV Bo Fristedt, Senior Advisers
-05
-07
1971
-05
1974
-04
Sweden
2013-10-17
Swedish Dental
subsidiaries
Siemens AB
Sweden totaling 350 persons.
System Analyst, later Project Mgr for the development
and implementation of an integrated ERP system. It
included all parts and was a cooperation together with
Siemens Germany and Siemens Norway.
Educational qualifications
Year
Degree
Area
School/University
1971
Civilekonom/BA
Honours
Business Administration/
Operations Research
University of Stockholm
Training and courses (Local Assessment, Leadership, Trainee programs or similar)
Year
Course
Organized by
Duration
2000
1997
1992
1984
1980
Ericsson Executive Mgmt Program
Leadership
Controlling
Leadership, management Program
Leadership
Ericsson
Ericsson
Grundig AG, Germany
Siemens AG, Germany
Siemens AG, Germany
5 weeks
3 days
3 weeks
3 weeks
1 week
Language skills
Language
Simple
convers.
Convers.
& Writing
Fluent
English
X
German
X
French
Swedish
Miscellaneous
Page 5 of 5
Mother
tongue
X
X