Telefonaktiebolaget LM Ericsson (ERIC.OQ)
STOCKHOLM Swedish mobile telecoms gear maker Ericsson jettisoned its chief executive Hans Vestberg on Monday after pressure from major shareholders unhappy with its results. | Video
* Search for CEO likely to take "many months" - chairman (Adds analyst comment and detail on strategy)
* Chairman says expects search for new CEO to take "many months" Further company coverage:
* Ericsson shares rise 4 percent after CEO steps down Further company coverage: (Reporting by Stockholm Newsroom)
STOCKHOLM, July 25 Swedish mobile telecoms gear maker Ericsson's Chief Executive Hans Vestberg has stepped down with immediate effect, the company said on Monday.
* Ericsson's Vestberg steps down - search for new CEO initiated
* Says UKTV extends broadcast services contract with Ericsson
STOCKHOLM Two of Swedish telecom group Ericsson's main owners have decided Chief Executive Hans Vestberg needs to step down as soon as a replacement can be found, the business newspaper Dagens Industri reported on Tuesday, citing unnamed sources.
STOCKHOLM, July 19 Two of Swedish telecom group Ericsson's main owners have decided Chief Executive Hans Vestberg needs to step down as soon as a replacement can be found, the business newspaper Dagens Industri reported on Tuesday, citing unnamed sources.
STOCKHOLM Mobile telecom gear maker Ericsson forecast a third consecutive year of comparable sales declines on Tuesday, saying it would step up cost cuts in the face of deteriorating market conditions after its results fell short of market expectations.
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