http://nordic.businessinsider.com/after-weeks-of-turmoil-for-ericsson-ceo-hans-vestberg-is-fired---the-time-is-right-for-a-new-leader-2016-7/
8 replies (most recent on top)
Ok. See ya!
@1exz, who's Mike, and why drop him instead of dropping a mic?
Plenty of reading if you google, "Why was Hans Vestburg fired"
(Mike-drop)
Seriously though, do we have a new CEO that might get indicted by the Securities & Exchange Commission during his term? Or is all that fake news from Business Insider, Bloomberg, and Fortune Mag? They claim that he and his board while at Ericson were inflating their salaries, selling armament to Greece, and some scandalous stuff with China. And Lowell was grooming this guy after he got fired in 2016? You just can't make this stuff up!
Ericsson not rolling out 5G in 2016.
Apples and Oranges.
Stupid move by a a stupid company (Verizon).
Well, while it probably isn't great, it's certainly possible that someone who wasn't right in 2016 at company X might be OK at company Y is 2018, since rolling out 5G for an equipment maker could be very different from rolling out 5G for a telecom
So he was fired because he was not the right fit for rolling out 5g through Ericsson, but he was promoted to CEO because he IS the right fit to roll out 5g for Verizon?
Makes NO SENSE!