ST-Ericsson CEO steps down without a named successor

Written by Digital News on . Posted in News from the Web

ST-Ericsson CEO steps down without a named successor

ST-Ericsson was already in some tumult after the ST half of the partnership said it was exiting the venture late last year. As we're discovering, there was a little more drama in store for 2013. CEO Didier Lamouche has resigned from the company for a tempting job prospectelsewhere, and there's no named replacement for him so far -- a slight problem when Lamouche will be out by March 31st. He's leaving ST-Ericsson in a better state than he found it, as the company is scoring key deals for phones like the Galaxy S III Mini while getting its LTE chip plans on track. Nonetheless, we suspect that remaining owner Ericsson will want that power vacuum filled quickly when there's already enough uncertainty ahead.

Filed under: Cellphones, Wireless, Mobile

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Via:Computerworld

Source:ST-Ericsson

Read more http://www.engadget.com/2013/03/11/st-ericsson-ceo-steps-down-without-a-named-successor/

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