As expected, Ericsson's nomination committee has proposed the CEO of carmaker Volvo, Leif Johansson, as the Swedish vendor's new chairman. Investors will vote on the proposal at the company's annual general meeting on April 13. (See Euronews: Jan. 12.)
Investors are suggesting that Franco Bernabe is looking good for a second term as CEO of Telecom Italia, reports Bloomberg. Bernabe has reduced debt and promised higher dividends, which has gone down well with many of those who will decide his fate on April 12, when his current mandate expires.
The Daily Telegraph reports that the British Broadcasting Corp. (BBC) is planning to charge those who want to use the international (i.e. non-U.K.) version of its iPlayer catch-up service less than $10 a month for the privilege. This, the paper points out, works out at considerably less than the price of a U.K. TV license, which costs £145.50 ($236.7) a year and is mandatory for all those watching live TV broadcast in Britain, even if viewing online.