Ericsson Chairman steps aside as company ‘enters a new phase’

Chairman of the Ericsson Board of Directors Leif Johansson has announced that he will not make himself available for re-election at the 2018 Annual General Meeting.
The move itself has come after several months of pressure from investors, including Cevian Capital, which has been particularly vocal in light of poor performance in recent years. Johansson has not explicitly fingered investor pressure as the reason for this departure, but the wording of the below statement leaves sufficient wiggle r