Ericsson CEO Vestberg Ousted as Turnaround Stalls

Mr. Vestberg has faced significant pressure due to company performance and allegations of corruption. Despite unexpected timing, the company is committed to cost cuts, with CFO John Free Camera as interim CEO. Global probes focus on disclosure practices rather than business conduct. Vestberg receives a substantial departure package and has future prospects in corporate Europe.

What pressures has Mr. Vestberg been facing in recent months?

What were the allegations against the company mentioned in the text?

What role is John Free Camera expected to take on temporarily?

What is the significance of the probes mentioned in relation to the company's operations?

What future roles or interests might Mr. Vestberg pursue after his departure?