Ericsson’s Board of Directors has appointed Börje Ekholm as the new CEO, effective January 16th 2017. Ekholm, a Swedish business insider and veteran board member, will consequently leave his role as CEO of Patricia Industries.

“Having spent almost 25 years in different roles within Investor, I have truly enjoyed working with creating long-term value in our companies. However, as an engineer by training, turning down the offer getting to lead Ericsson, one of Sweden’s greatest companies, is impossible. It is with great pride, humility and enthusiasm that I look forward to taking on this new task”, commented Ekholm.

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