ANSWER: CEO
Explanation:
Swedish mobile telecoms gear maker Ericsson has parted ways with CEO Hans Westberg on 25th July, 2016 following a series of bad results.
- Vestberg came under fire for leadership and pay factors after weak results, though he has served longer than any of his three predecessors.
- Ericsson shares went up 3 percent in 1230 GMT, losing 21 percent so far this year.
- The removal of the CEO was taken as a positive step by the markets therefore.