Telefonaktiebolaget LM Ericsson Class B (ERIC) has released an update.
Telefonaktiebolaget LM Ericsson has announced that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, will be departing the company to seek new opportunities. Pharaon, who has been with Ericsson for 26 years and held his current role since 2019, will leave his position at the end of August, with his successor to be named in the future. Ericsson’s CEO Börje Ekholm expressed gratitude for Pharaon’s significant contributions and extended best wishes for his future endeavors.
For further insights into ERIC stock, check out TipRanks’ Stock Analysis page.
