Pekka Lundmark is the Nokia’s new President & CEO | Rajeev Suri to step down

Nokia’s Board of Directors has appointed Pekka Lundmark as new President and Chief Executive Officer (CEO) of Nokia. Lundmark is expected to start in his new role on September 1, 2020. Until now Rajiv Suri was President and CEO of Nokia and Nokia Siemens Networks from more than a decade. Today (March 2, 2020) company has published a press release announcing this big news.

Risto Siilasmaa (Nokia Board Chair) said :

“With the acquisition of Alcatel-Lucent behind us and the world of 5G in front of us, I am pleased that Pekka has agreed to join Nokia”.

“He has a record of leadership and shareholder value creation at large business-to-business companies; deep experience in telecommunications networks, industrial digitization, and key markets such as the United States and China; and a focus on strategic clarity, operational excellence and strong financial performance”.

Pekka Lundmark (Newly appointed President & CEO, Nokia) said :

“I am honored to have the opportunity to lead Nokia, an extraordinary company that has so much potential and so many talented people.”

“Together we can create shareholder value by delivering on Nokia’s mission to create the technology to connect the world. I am confident that the company is well-positioned for the 5G era and it is my goal to ensure that we meet our commitments to our customers, employees, shareholders and other stakeholders. Strong values, leading innovation and unflinching commitment to our customers have always been core to Nokia and I want to put this even more at our center as we move forward.”

Rajiv Suri (Current President & CEO, Nokia) said :

“After 25 years at Nokia, I have wanted to do something different.”

“Nokia will always be part of me, and I want to thank everyone that I have worked with over the years for helping make Nokia a better place and me a better leader. I leave the company with a belief that a return to better performance is on the horizon and with pride for what we have accomplished over time. Pekka is an excellent choice for Nokia. I look forward to working with him on a smooth transition and wish him the best success in his new role.”

As being the Indian Nokia related blog we are proud that Rajiv Suri led Nokia company for several years. Our best wishes to Pekka Lundmark who’s the Nokia’s new President & CEO. In his new leadership we’re looking forward for the bright future of this Finnish company.

Source : Nokia Press Release

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