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Ericsson names board member Ekholm as new CEO

2016-10-26 08:35:00| Telecompaper Headlines

(Telecompaper) Ericsson has named board member Borje Ekholm as its new President and CEO, effective 16 January 2017. Ekholm is currently CEO of Patricia Industries, a unit of the investment group Investor AB, a shareholder in Ericsson. He replaces CFO Jan Frykhammar, who has been serving as interim CEO since july when Hans Vestberg abruptly left the company.

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Brick Brewing Co board member resigns

2016-04-13 15:22:00| Daily beverage news and comment - from just-drinks.com

Brick Brewing Co has said board member Peter Anderson will step down at the beginning of May.

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Lucas Bols board member steps down after 'Panama Papers' link

2016-04-08 15:43:00| Daily beverage news and comment - from just-drinks.com

Lucas Bols has confirmed the departure of a board member after he was linked by a Dutch newspaper this week with the so-called 'Panama Papers' documents leak.

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Symantec welcomes USD 500 mln, board member from Silver Lake

2016-02-05 09:25:00| Telecompaper Headlines

(Telecompaper) Symantec has received a USD 500 million investment from Silver Lake, with Ken Hao, a managing partner at the private equity firm, taking a seat on the company's board, the Wall Street Journal reported. With the money, Symantec will buy back more shares, cut costs and push forward on a transformation plan it launched in 2014. It also plans to return USD 5.5 billion in capital to shareholders in the coming year, also using proceeds from the recent sale of its Veritas data-storage and recovery business. Activist hedge fund Elliott Management has aso been amassing a large stake in Symantec, becoming one of its largest shareholders, according to people familiar with the matter.

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