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.

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