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He should sort out the crisis at Ericsson – new ceo

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Billy Haigh
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Investment company Investor's former ceo Börje Ekholm will become the new ceo of crisis-ridden telekomjätten Ericsson.

Swedish telekomjätten Ericsson have been on the hunt for a new ceo since July, when the Hans Vestberg resigned.

since then the Company has been led by the chief financial officer, Jan Frykhammar and, among others, have announced major cutbacks.

Börje Ekholm taking up the post on 16 January next year, said Ericsson in a press release.

" I am very pleased with the appointment of Börje Ekholm.

He has a genuine insight and understanding of both the technical and business consequences of the ongoing convergence within the telecom, it and media.

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Billy Haigh
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