All you need to know about Nokia’s new CEO Pekka Lundmark

Lundmark has worked for Nokia earlier, from 1990 to 2000, heading strategy for Nokia Networks amongst other executive roles

Pekka Lundmark, incoming chief executive officer Nokia, speaks during a news conference at the Nokia Executive Experience Center in Espoo, Finland, on Monday, March 2, 2020. Lundmark, the CEO of Fortum, will take over from Rajeev Suri at the start of September. Photographer: Roni Rekomaa/Bloomberg (Bloomberg)

Nokia appointed former Fortum CEO Pekka Lundmark as chief executive to lead the Finnish telecoms equipment maker in the race to deliver 5G telecoms networks to operators around the world.

Lundmark will replace Rajeev Suri, who steps down after more than a decade in charge of Nokia and previously Nokia Siemens Networks.

Here is some key facts you need to know about Lundmark:

- He has been Fortum Corporation President and Chief Executive since September 2015.

- Lundmark worked in Finnish cranes and lifting equipment maker Konecrane from 2004 to 2015, first as group executive vice president, then as president and chief executive.

- From 2002 to 2005 he was President and chief executive of the Finnish cutlery and cookware company Hackman.

- He also previously held various executive positions in Nokia from 1990 to 2000, heading strategy for Nokia Networks among others.

- A Finnish national, Lundmark studied at Helsinki University of Technology, Department of Technical Physics, graduating with a Master of Science in 1988. He is married with three children.