169 Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said that its chief financial officer will step down at the end of the first quarter of 2024. Carl Mellander, who has worked for Ericsson for more than 25 years and has been a member of its executive team for almost seven, is moving on, according to a statement. The Swedish maker of mobile networks said it will begin recruiting a replacement. Mellander has spent years helping Chief Executive Officer Borje Ekholm turn around the Stockholm-based phone-equipment maker by ending unprofitable contracts, taking writedowns, seeking asset sales, cutting costs and scaling back expansions. You Might Be Interested In Tender Board makes support to local goods, services mandatory Sunflame Enterprises to be acquired by V-Guard for ₹6.6 billion Headline: Lithia & Driveway Expands Presence in Minneapolis-St. Paul with Carousel Motor Group Acquisition Genuine Parts Company Appoints James F. Howe as President of Motion ETG, Supported by Mitsui, Secures Order for Seized Cargo in Mozambique Aetna to Cover Fertility Treatments for LGBTQ Individuals as Part of Court Settlement
