Ericsson: Nomination Committee To Propose Ronnie Leten As Chairman Of Board

(RTTNews) - Ericsson (ERIC) announced the company's Nomination Committee will propose Ronnie Leten as new Chairman of the Board. He is currently a board member in SKF, the Chairman of the Board of Electrolux and proposed Chairman of the Board of Epiroc, the part of Atlas Copco planned to be dividend out in 2018. Ericsson's current Chairman of the Board Leif Johansson has previously announced that he will not make himself available for re-election at the 2018 Annual General Meeting.

The Nomination Committee will also propose Kurt Jofs as new member of the Board. Jofs was responsible for Ericsson's Networks business 2003-2008 and is currently the Chairman of the Board in Tieto. Kristin Skogen Lund has notified the Nomination Committee that she will not be available for reelection.