Swedish telecommunications company Ericsson announced the appointment of Jan Sprafke as its full-time chief compliance officer.
Sprafke has served as Ericsson’s acting CCO since February, when he succeeded Laurie Waddy in the role. He will continue to report to Group Chief Legal Officer Scott Dresser and the audit and compliance committee of the company’s board of directors.
Sprafke joined Ericsson in 2020, previously serving as head of compliance for Europe and Latin America. He brings more than a decade of compliance experience to the CCO role, according to his LinkedIn profile.
On his LinkedIn, Sprafke listed his new title as chief compliance and integrity officer.
Börje Ekholm, Ericsson’s chief executive, said in a press release Monday that he is pleased to have Sprafke take up the permanent position of CCO as the company continues its “relentless focus on further embedding of our ethics and compliance program into our daily operations around the world.”
“Our compliance program and controls have been significantly enhanced since 2019, and I’m confident that [Sprafke] will continue driving these enhancements in a sustainable way for the organization,” Ekholm added.
In December, Ericsson announced the Department of Justice and Securities and Exchange Commission extended its compliance monitorship by a year following breaches of its obligations under a deferred prosecution agreement for violations of the Foreign Corrupt Practices Act. The term of the monitor runs through June 2024.
“I’m proud of the progress of our ethics and compliance program over the last few years, and I’m very much looking forward to continuing this work,” Sprafke said. “The company is dedicated in its continued mission to instill integrity into everything we do, and I genuinely believe that this is a competitive advantage for us.”
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