C-suite revamp still underway at Nokia
Jun. 11, 2020 3:21 AM ETNokia Oyj (NOK)NOKBy: Yoel Minkoff, SA News Editor4 Comments
- Suffering from product design delays and higher costs to supply equipment, Nokia (NYSE:NOK) is continuing a C-suite overhaul to catch up with rivals Ericsson and Huawei in the 5G race.
- Marco Wiren will join the company as CFO on Sept. 1, the same day Pekka Lundmark starts as chief executive.
- Sari Baldauf took over as chairwoman last month, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.