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Ericsson CEO resigns amid slow-growth concerns

Article Abstract:

Sven Christer Nilsson, the president and chief executive officer of Telefon AB LM Ericsson, resigned from his posts on July 7, 1999. Mr. Nilsson had been president and CEO for less than 15 months. Lars Ramqvist, the chairman of Ericsson, will return to his former post as CEO. Kurt Hellstrom, the company's vice president for the Asia-Pacific region, will become the new president. Mr. Nilsson was unsuccessful in implementing rapid reforms, according to Mr. Ramqvist.

Comment:

Pres and CEO Sven Christer Nilsson resigns posts

Author: Latour, Almar
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Telephone Apparatus Manufacturing, Sweden, Central Station Switch Eqp, Telecommunications equipment industry, Abstract, Telephone switching equipment, Central office equipment (Telephone), Telefonaktiebolaget LM Ericsson, Nilsson, Sven Christer

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Blair's challenge: Healing fractures in European Union

Article Abstract:

Tony Blair is to became President of the European Union on July 1st, 2005 taking on the crisis that is the European Union at this time. Recent rejections of the European Union's constitution, budget woes coupled with a slow economy and high unemployment has caused the Bloc to be a political and economic concern. Mr. Blair has a plan to adapt European Union economies to globalization.

Author: Bilefsky, Dan, Campion, Marc
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
United Kingdom, Europe, Government expenditures, Economic Programs, Administration of Economic Programs, Blair, Tony, Economic policy, Political aspects, European Union

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Subjects list: Officials and employees, Appointments, resignations and dismissals
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