Executive decisions: changing of the guard
2016 will go down as the one of the more turbulent years in recent memory, not least of all for a number of executives in the global telecoms industry.Just ask Hans Vestberg, who was ousted from his role as Ericsson CEO in June as slowing spending on mobile network equipment resulted in the Swedish kit maker posting dismal financial results for two consecutive quarters.An aggressive cost-cutting programme coupled with a substantial restructuring were not enough to ease the pressure on Vestberg,
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