8/17/2009 1:28:00 PM
Sony Ericsson chief executive steps down
Sony Ericsson has announced a management shake-up that will result in the appointment of a new chief executive and members to the board.
Bret Nordberg, executive vice president of the Ericsson group, will replace current CEO Dick Komiyama in September.
Komiyama, who joined the company two years ago as it was entering a period of decline, will retire by the end of the year.
The company has also announced that Sir Howard Stringer, CEO and president of Sony, will be replacing Carl-Henric Svanberg as head of the board.
The appointments come at a time of continued speculation that Sony Ericsson, a joint venture between Sony and Ericsson, will split.
Stringer said: ‘We want to thank Dick Komiyama for his leadership in spearheading critical changes at Sony Ericsson over the past two years. The company is now well-positioned to capitalise on growth opportunities and return to profitability.
‘We are delighted that Bert Nordberg is joining the company as a strong and worthy successor to Dick. Bert brings tremendous experience and enthusiasm to his new role, and with his strong telecommunications background he will lead Sony Ericsson into a very bright future.’