Seeking Alpha

Microsoft mulls Ericsson's CEO to succeed Ballmer

  • 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.
Comments (3)
  • dmeharc
    , contributor
    Comments (64) | Send Message
    Is anyone from Apple on the Microsoft CEO shortlist?
    16 Jan 2014, 03:20 AM Reply Like
  • Ruffdog
    , contributor
    Comments (1916) | Send Message
    I hope not. AAPL California employee are a different breed than Washington MSFT employee.


    AAPL=consumer, MSFT=enterprise
    16 Jan 2014, 08:33 AM Reply Like
  • knrdk
    , contributor
    Comments (21) | Send Message
    shy? some joke I don't understand?
    16 Jan 2014, 07:54 AM Reply Like
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