March 02 - 09:03
Nokia appoints Pekka Lundmark as CEO
Nokia has announced a change at the top, with Pekka Lundmark set to replace Rajeev Suri as CEO. The telco issued a profit warning in October and admitted that it's behind on 5G development. Lundmark, who spent 10 years at Nokia between 1990 and 2000, will leave his current role as CEO of energy company Fortum. Suri said: “After 25 years at Nokia, I have wanted to do something different."
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