Ericsson chairman Leif Johansson
PARIS: Ericsson AB chairman Leif Johansson (pic) agreed to step down next year after seven years in the job, completing an overhaul of top management at the embattled Swedish network company.
The time is right for Johansson to leave since chief executive officer Borje Ekholm took over in January, the chairman said in a statement yesterday. Activist investor Cevian Capital AB also took a stake in the Stockholm-based company this year. Johansson, a former chief executive officer at truckmaker Volvo AB, has been in the job since 2011.
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