ESPOO, FINLAND: Pekka Lundmark will start his new role as President and Chief Executive Officer of Nokia on August 1, 2020, one month earlier than previously communicated.

Rajeev Suri will leave his current position on July 31, 2020 and continue to serve as an advisor to the Nokia Board until January 1, 2021.

The earlier start date is due to Fortum having appointed a new CEO as of July 1, 2020 and after a one-month transition period Pekka is available to take over at Nokia.