Ericsson ousts CEO after poor results
By Sven Nordenstam STOCKHOLM (Reuters) - Swedish mobile telecoms gear maker Ericsson parted company with its chief executive Hans Vestberg on Monday, a move led by major shareholders after a series of disappointing results. Vestberg, who had served longer than his three predecessors, had come under fire in recent months from Swedish media questioning his leadership and pay, particularly after weak results in April knocked 15 percent off the shares in one day. Speaking at a press conference Erics
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