Stock Exchange Release
December 11, 2017 at 09:30 (CET +1)
Nokia appoints Joerg Erlemeier as Chief Operating Officer and member of the Nokia Group Leadership Team
Espoo, Finland – Nokia today announced the appointment of Joerg Erlemeier as Chief Operating Officer (COO) and member of the Group Leadership Team (GLT) with immediate effect. Erlemeier will report to Nokia President and Chief Executive Officer Rajeev Suri. Monika Maurer, who previously held the COO position, will support Erlemeier during a transition period and then leave Nokia to pursue new opportunities outside the company.
“I want to thank Monika for her contributions to Nokia, and Alcatel-Lucent before that. I warmly welcome Joerg to the GLT, and look forward to working together to further strengthen our disciplined operating model,” said Rajeev Suri.
Erlemeier was most recently Senior Vice President, Nokia Transformation, and holds a Bachelor’s degree in Engineering (Electronics and Telecommunications) from Fachhochschule Aachen in Germany. He has over 20 years of experience in various leadership positions in Nokia, including heading the Middle East and Africa region; leading Services in Asia-Pacific and Japan and North America; and serving as COO of the Mobile Networks business group.
As a result of this change, Nokia’s Group Leadership Team will, effective as of December 11, 2017, consist of the following members: Rajeev Suri, Basil Alwan, Hans-Juergen Bill, Kathrin Buvac, Ashish Chowdhary, Joerg Erlemeier, Barry French, Bhaskar Gorti, Federico Guillén, Gregory Lee, Igor Leprince, Kristian Pullola, Marc Rouanne, Maria Varsellona and Marcus Weldon.
A photo of Joerg Erlemeier can be downloaded at: https://www.nokia.com/en_int/news/media-library/nokia-group-leadership-team
Additional background on all members of the GLT can be found at http://www.nokia.com/en_int/investors/corporate-governance/group-leadership-team
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Factors, including risks and uncertainties that could cause these differences include, but are not limited to: 1) our ability to execute our strategy, sustain or improve the operational and financial performance of our business and correctly identify and successfully pursue business opportunities or growth; 2) our ability to achieve the anticipated benefits, synergies, cost savings and efficiencies of acquisitions, including the acquisition of Alcatel-Lucent, and our ability to implement changes to our organizational and operational structure efficiently; 3) general economic and market conditions and other developments in the economies where we operate; 4) competition and our ability to effectively and profitably compete and invest in new competitive high-quality products, services, upgrades and technologies and bring them to market in a timely manner; 5) our dependence on the development of the industries in which we operate, including the cyclicality and variability of the information technology and telecommunications industries; 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Other unknown or unpredictable factors or underlying assumptions subsequently proven to be incorrect could cause actual results to differ materially from those in the forward-looking statements. We do not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.