Swedish vendor Ericsson has announced that Hans Vestberg (pictured) is stepping down from his seven-year tenure as CEO and president of the company, effective immediately. The ousting was led by major shareholders following months of Swedish media criticism of Vestberg’s pay and leadership, particularly over weak Q1 2016 results, which plunged company stocks by 15% in a single day. Swedish vendor Ericsson (NASDAQ:ERIC) […]