Former Ericsson CEO Börje Ekholm to Rejoin Nasdaq Board on November 1
Telecom giant Ericsson’s former CEO, Börje Ekholm, will rejoin the board of stock exchange operator Nasdaq, where he previously served.
TechnologyTelecom giant Ericsson’s former CEO, Börje Ekholm, will rejoin the board of stock exchange operator Nasdaq, where he previously served.
TechnologySweden is at the forefront of technology. It is worse in our immediate surroundings, according to Ericsson's CEO. Our big problem is that we are in a "shitty neighborhood" - Europe is not in the same condition at all, says the outgoing Börje Ekholm, whose last quarterly report sent the stock tumbling.
TechnologyThe Stockholm Stock Exchange recovered on Wednesday, with a morning decline followed by a slight rise. The broad OMXS index rose 0.2 percent.
BusinessEricsson CEO Börje Ekholm is stepping down. He is being replaced by Per Narvinger, who has worked at the company since 1997. Ekholm has been both praised and questioned during his more than nine years at the helm. It was a long-term emergency solution that has now begun to bear fruit, says Sverre Linton, general counsel at Aktieägarna.
TechnologyAfter an initial rise, the Stockholm Stock Exchange fell back, and the broad OMXS index ended Tuesday down 0.1 percent.
BusinessTelecom giant Ericsson is moving its headquarters from Kista to Hagastaden.
TechnologyEricsson's sales were lower than expected. Profitability is under pressure as the AI boom drives up input costs. The biggest impact is a stronger krona, which lowers profits by more than 2 billion. "We have strong headwinds in terms of currency," says Per Narvinger, the telecom giant's vice president.
TechnologyGoals to increase the proportion of women at Ericsson are being scrapped, Dagens Industri reports.
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