trending Market Intelligence /marketintelligence/en/news-insights/trending/k_t9bxidyknw8nwtpnvdpa2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Ericsson CEO resigns amid controversies

Episode 11 - How COVID - 19 Has Reshaped The Advertising Industry

信用分析(Credit Analytics)案例: 瑞幸咖啡

S&P Podcast – Economic Recovery Will Guide US Ad Market

Cable Network Q1'20 Distribution Revenue Recap

Ericsson CEO resigns amid controversies

HansVestberg is quitting as CEO of Ericsson AB, effective immediately, the companyannounced July 25.

Vestberg,who will also exit the company's board of directors, will temporarily be replacedby executive vice president and CFO Jan Frykhammar until a new CEO is appointed.

Meanwhile,vice president and group treasurer Carl Mellander will become acting CFO,effective immediately.

Vestbergserved the company for 28 years, including the last seven as CEO. He recentlydrew flak from the Swedish mediaregarding his pay package, leadership and the company's weak quarterly resultsin April, Reuters reported the same day.

Ericsson'slargest shareholders, Investor AB and Industrivarden reportedly confirmed theyare behind the ouster.

The companyrecently announced further cost cuts due to continued sales decline.