Ericsson’s Vestberg steps down – search for new CEO initiated
- Hans Vestberg leaves all assignments, effective immediately but remains at the company’s disposal
- Jan Frykhammar takes on the role as CEO until search is successfully completed
- Carl Mellander is appointed acting CFO
Ericsson’s (NASDAQ:ERIC) Board of Directors today announced that Hans Vestberg steps down as President and CEO and member of the Board of Directors of Ericsson with immediate effect.