Nokia replaces CEO with Fortum boss Lundmark to revive 5G business

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Nokia replaces CEO with Fortum boss Lundmark to revive 5G business

Move reunites two figures from era when the Finnish company dominated mobile.

Nokia has rehired former executive Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company's efforts to revive its faltering 5G business. Lundmark, who will succeed Rajeev Suri as Nokia chief executive in September, will team up with Sari Baldauf, the incoming chairman, in a ...

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