Ericsson Chairman to step down as company adopts a new strategy

Leif Johansson informs that he will not make himself available for reelection
Chairman of the Board of Directors at Ericsson, Leif Johansson
Chairman of the Board of Directors at Ericsson, Leif Johansson

Share

Chairman of the Board of Directors at Ericsson, Leif Johansson has informed that he will not make himself available for reelection at the Annual General Meeting of shareholders 2018. Ericsson’s nomination committee has initiated the work to find a replacement to Leif Johansson in time for the annual general meeting.

Leif Johansson said: "I have had the privilege to serve as Chairman of the Board since 2011. It has been an exciting but also challenging time. Börje Ekholm assumed the position as CEO in the beginning of the year and during the first quarter the company presented a new, more focused, business strategy. This strategy, which is supported by the Board and the major owners, creates a solid foundation for realising Ericsson’s full potential. The company now enters a new phase, with focus on execution, and we also have a new ownership constellation. It is natural to let the owners jointly propose a chairman and well ahead of this I want to announce that I will not be available for a next term".

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story