Carolina Dybeck Happe resigns from Ericsson's Board of Directors
Rhea-AI Summary
Ericsson (NASDAQ: ERIC) announced that Carolina Dybeck Happe has resigned from its Board of Directors. Dybeck Happe, who joined the board in 2022, was recently appointed as Executive Vice President and Chief Operations Officer at Microsoft. Jan Carlson, Chair of the Board, and Börje Ekholm, President and CEO, both expressed gratitude for Dybeck Happe's contributions and wished her success in her new role.
Ekholm noted that Microsoft is an important partner of Ericsson, and the company looks forward to working with Dybeck Happe in her new capacity. This management change highlights the ongoing relationship between Ericsson and Microsoft, potentially impacting future collaborations between the two tech giants.
Positive
- Potential for strengthened partnership with Microsoft through former board member's new role
- Opportunity for fresh perspectives on the board with upcoming replacement
Negative
- Loss of a board member with two years of company-specific experience
- Potential disruption in board continuity and decision-making processes
News Market Reaction 1 Alert
On the day this news was published, ERIC gained 1.47%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The announcement follows the September 12 appointment of Dybeck Happe to the position of Executive Vice President and Chief Operations Officer with Microsoft.
Jan Carlson, Chair of the Board of Directors, says: "I'd like to thank Carolina for her service on our Board and for her contributions and commitment to Ericsson. Her expertise and insights are greatly appreciated and respected and I wish her all the best in her new role."
Börje Ekholm, President and CEO of Ericsson, says: "Carolina has been a valued Board member and thoughtful contributor since joining us in 2022. Microsoft is an important partner of Ericsson and we very much look forward to working with Carolina in her new capacity. We wish her great success."
NOTES TO EDITORS:
FOLLOW US:
Subscribe to Ericsson press releases here
Subscribe to Ericsson blog posts here
https://twitter.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson
MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)
ABOUT ERICSSON:
Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Carolina Dybeck Happe resigns from Ericsson's Board of Directors |
View original content:https://www.prnewswire.com/news-releases/carolina-dybeck-happe-resigns-from-ericssons-board-of-directors-302254393.html
SOURCE Ericsson
FAQ
Why did Carolina Dybeck Happe resign from Ericsson's (ERIC) Board of Directors?
How long did Carolina Dybeck Happe serve on Ericsson's (ERIC) Board?
What is the relationship between Ericsson (ERIC) and Microsoft following this resignation?
Who commented on Carolina Dybeck Happe's resignation from Ericsson's (ERIC) Board?
