Ericsson AB chief executive officer Hans Vestberg is being considered by the Microsoft board as a potential replacement for its retiring CEO Steve Ballmer.

Reports state that Vestberg is in the running alongside insiders Satya Nadella and Stephen Elop, the former Nokia man, but add that the board hasn’t yet reached a decision and who is under consideration is still subject to change.

Vestberg, 48, joined Ericsson in 1988 and was the company’s chief financial officer from 2007 to 2009, before becoming CEO in January, 2010. He has held various management positions for Ericsson in China, Brazil, Mexico and the US, and is the international advisor to the Governor of Guangdong, China.

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