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LM Ericsson

At the Telefonaktiebolaget LM Ericsson general meeting on 25 March 2025, Folketrygdfondet voted against item 11.03 and 20.00 for the following reasons:

Publisert: 25.03.2025
Sist oppdatert: 24.04.2025

Item 11.03: Elect CEO Børje Ekholm as a board member  

Folketrygdfondet opposes the election of the CEO to the board of directors as a matter of principle. One of the board’s main tasks is the supervision of company management, which includes appointment and dismissal of the CEO. Folketrygdfondet considers that board members can only supervise company management adequately if they are not recruited from among management. For this reason, we voted against this item.