Finland's Nokia appointed Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company’s 5G business, Nokia announced on Tuesday.
Lundmark is expected to start in his new role on Sept. 1, 2020.
Lundmark is currently president and CEO of Fortum, a leading energy company based in Espoo, Finland, where according to Nokia, he has consistently delivered robust total shareholder returns, successfully renewed the company’s strategy, and positioned it to be a strong player in transforming the global energy sector.
"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 Nokia's chairman Risto Siilasmaa.
Lundmark, commending Nokia for its potential and many talented people, said, "I'm 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," Lundmark added.
By Murat Temizer