- Microsoft (MSFT) is reportedly considering Ericsson CEO (ERIC) Hans Vestberg as a replacement for the (shy and) retiring Steve Ballmer.
- Vestberg joins the likes of former Nokia boss Stephen Elop and Microsoft insider Satya Nadella on the shortlist.
- Since Vestberg became CEO of Ericsson in January 2010, revenues have increased from 206B Swedish kronor ($32B) in 2009 to an estimated 225B last year, while the stock price has climbed 19%.
- Vestberg also oversaw the exit of Ericsson from the mobile-handset market with the break-up of the company's joint venture with Sony. His appointment would therefore possibly raise questions about Microsoft's strategy vis a vis its acquisition of Nokia's mobile-phone unit.
Microsoft mulls Ericsson's CEO to succeed Ballmer
Jan 16 2014, 03:13 ET