Ericsson ousts CEO as investors lose patience over returns

By Sven Nordenstam STOCKHOLM (Reuters) - Swedish mobile telecoms gear maker Ericsson jettisoned its chief executive Hans Vestberg on Monday after pressure from major shareholders unhappy with its results. Investment companies Investor AB and Industrivarden, with a combined 37 percent of voting rights, had voiced dissatisfaction with Ericsson's performance, culminating in unprecedented public criticism in February. Ericsson, which is battling Finland's Nokia and China's Huawei, has responded to w