Börje Ekholm, Ericsson
Ericsson has named Börje Ekholm as its new president and CEO. He will join the Swedish firm in January.
Ekholm is joining the firm from his position as CEO of Patricia Industries, part of Swedish firm Investor which owns a stake in Ericsson, where he has served since 2005.
He has sat on the Ericsson board of directors for more than a decade, and has previously held positions with Novare Kapital and Mckinsey & Co.
He will take the reins from CFO Jan Frykhammar, who has held the role of interim CEO at Ericsson since July when Hans Vestberg was sacked following an 11% fall in sales.