Nokia appoints Marco Wirén as CFO and member of group leadership team, Telecom News, ET Telecom
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“I am pleased that Marco will be joining us to take the reins of Nokia along with our future CEO, Pekka Lundmark,” said Rajeev Suri, Nokia President and CEO.
Suri added he initiated the succession planning with the Board’s support and Lundmark, as the next Nokia CEO, led the effort to its completion with the selection of Wirén.
“Marco has deep financial and leadership experience, a sharp focus on driving operational excellence, and a demonstrated record of success,” said future CEO Lundmark.
Wirén, who will be based at the company’s headquarters in Espoo, Finland, is currently President of Wärtsilä Energy and Executive Vice President of Wärtsilä Group, a global company specializing in smart technologies and lifecycle solutions for the marine and energy markets.
Wirén has previously held a number of CFO and other senior financial positions, including CFO of Wärtsilä Group; CFO of SSAB Group, a global specialized steel company; and CFO of Eltel Networks, a provider of technical services to the electrical and telecommunications industries.
“Nokia is one of the world’s iconic global companies and I am excited to be joining as the 5G era gets fully underway,” said Wirén and added he looks forward to creating value for Nokia’s stakeholders in the years to come.
Wirén also currently serves as Vice Board Chair of Neste, a renewable energy solutions provider company. Wirén holds an M.Sc. in Business Administration from the University of Uppsala.
Kristian Pullola, who has served as Chief Financial Officer since January 2017, will step down as CFO and leave the Group Leadership Team on August 31, 2020. Pullola is said to remain with the company until about the end of this year to ensure a smooth transition.
“Serving at Nokia has been a true honor,” said Pullola and added he’s committed to working with Wirén on a smooth transition.
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