- Top shareholders are lobbying to replace Ericsson (NASDAQ:ERIC) Chairman Leif Johansson, sources told Svenska Dagbladet, just weeks after CEO Hans Vestberg was ousted.
- Shares in the Swedish telecom firm have been under pressure this year due to increased competition from China, but the stock is trading mildly higher this morning as pressure ramps up in the boardroom.
Ericsson chairman feels the heat
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| Symbol | Last Price | % Chg |
|---|---|---|
| ERIC | - | - |
| Telefonaktiebolaget LM Ericsson (publ) | ||