Ericsson names Borje Ekholm as CEO 
Sweden-based networking and telecommunications equipment company Ericsson on Wednesday named its board member Borje Ekholm as CEO after Hans Vestberg's ouster in July this year. Ekholm was the CEO of Investor AB, which holds major stake in Ericsson. Currently in his mid-50's, Ekholm has been on the Ericsson's board for over 10 years.