Ericsson Executive Vice President Per Narvinger to replace CEO Ekholm

Swedish telecom equipment maker Ericsson announced on Tuesday that CEO and President Börje Ekholm will step down from the role in September. He will be replaced by current Executive Vice President Per Narvinger, nominated by the Board of Directors. Ekholm will also step down from the Board and act as executive advisor to the new CEO until June 15, 2027.