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Pekka Lundmark to take over as Nokia CEO as Rajeev Suri steps down

Nabanita Dutta

News Editor
Image Credit: shortpedia

After overseeing Nokia, for more than half a decade, CEO Rajeev Suri is stepping down. Pekka Lundmark, the outgoing President of energy firm Fortum is going to take over as the new CEO of Nokia. The Finnish giant was exploring a range of options including selling a portion of its business assets in order to achieve potential merger deals. Suri said, he is looking forward to a smooth transition period in the company.