Börje Ekholm appointed new CEO of Ericsson, steps down as CEO of Patricia Industries
As announced today, Ericsson’s Board of Directors has appointed Börje Ekholm as new CEO, effective January 16, 2017. As a main owner of Ericsson, Investor fully supports this appointment. In order to further align the CEO’s interests with the shareholders, Investor and Industrivärden will enter into an options agreement with Börje Ekholm. The options agreement will be entered into on market terms and means that Investor and Industrivärden together will issue 2,000,000 call options in the Ericsson Class B share (1,000,000 respectively). Each option entitles the purchase of one Ericsson B