Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard after the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard after the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard after the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L) and Sari Baldauf, Chair of Nokia's Board of Directors at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia announced a leadership transition

Nokia announced a leadership transition

Technology company Nokia's President and Chief Executive Officer, Pekka Lundmark (L to R), Sari Baldauf, Chair of Nokia's Board of Directors and the next President and Chief Executive Officer of Nokia, Justin Hotard at the company's press conference in Espoo, Finland on Monday, 10th Feb., 2025. Nokia today announced a leadership transition. Nokia's President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. LEHTIKUVA / MARKKU ULANDER - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Markku Ulander/Lehtikuva/Kyodo News Images)

Nokia - General meeting of the shareholders

Nokia - General meeting of the shareholders

Sari Baldauf, Chair of Nokia Board of Directors attends Finnish network company Nokia general meeting of the shareholders in Helsinki, Finland on April 3, 2024. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

Nokia - General meeting of the shareholders

Nokia - General meeting of the shareholders

Sari Baldauf, Chair of Nokia Board of Directors attends Finnish network company Nokia general meeting of the shareholders in Helsinki, Finland on April 3, 2024. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

Nokia - General meeting of the shareholders

Nokia - General meeting of the shareholders

Pekka Lundmark, President and Chief Executive Officer of Nokia and Sari Baldauf (R), Chair of Nokia Board of Directors attend Finnish network company Nokia general meeting of the shareholders in Helsinki, Finland on April 3, 2024. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

Nokia - General meeting of the shareholders

Nokia - General meeting of the shareholders

Pekka Lundmark, President and Chief Executive Officer of Nokia and Sari Baldauf (R), Chair of Nokia Board of Directors attend Finnish network company Nokia general meeting of the shareholders in Helsinki, Finland on April 3, 2024. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)