Ericsson CEO reportedly shoots down Microsoft CEO speculation

|By:, SA News Editor

Bloomberg reports Ericsson (ERIC -0.9%) CEO Hans Vestburg has told his company's board he has no plans to leave.

Vestburg is one of several names linked in recent months to Microsoft's (MSFT +1.1%) very well-publicized CEO search. Kara Swisher stated last week some sources believe Microsoft's CEO search is finished, and that an announcement will come soon.

Interestingly, Ericsson's shares ticked slightly lower in response to Bloomberg's report.