Suri had intimated to Nokia board that he was considering to step down in near future, provided a full-proof action plan was in place.
Nokia’s top man Rajeev suri, their CEO, has decided to step down from his responsibilities and move into advisor role till the end of 2020. He will serve as CEO till 31st Aug after that Pekka Lundmark will take his place.
Pekka Lundmark is Currently President and CEO of Fortum, a leading energy company based in Espoo, Finland.”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,” said Risto Siilasmaa, Nokia Board Chair.
After working for more than 25 years at Nokia, Suri has served as CEO for more than a decade. Suri had intimated to Nokia board that he was considering to step down in near future, provided a full-proof action plan was in place. “After 25 years at Nokia, I wanted to do something different,” said Suri.
“On behalf of the entire Board of Directors, I would like to thank Rajeev for his many contributions to Nokia, where he has served with both honor and distinction,” Siilasmaa added.
“I look forward to working with him (Lundmark) on a smooth transition and wish him the best success in his new role,” said Suri.
