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Chief People Officer, Lorna Gibb to leave Nokia

1. Nokia’s Chief People Officer Lorna Gibb has left the company. 2. Recruitment for her successor has started immediately. 3. Gibb joined Nokia in 2020, serving as CPO since 2024. 4. Esa Niinimäki will act as interim CPO during the transition. 5. Nokia continues to innovate in B2B technology and networking.

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FAQ

Why Neutral?

Leadership changes can impact company culture and operations. However, the interim leadership appears stable to maintain continuity.

How important is it?

Leadership changes can influence strategic decisions; however, the impact on stock price may be limited.

Why Short Term?

Immediate transition should have minimal impact; longer-term effects depend on new leadership direction.

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June 26, 2025 03:00 ET  | Source: Nokia Oyj Nokia CorporationStock Exchange Release26 June 2025 at 10:00 EEST Chief People Officer, Lorna Gibb to leave Nokia Espoo, Finland – Nokia today announces that its Chief People Officer, Lorna Gibb, has decided to leave the company and step down from its Group Leadership Team to pursue another opportunity, effective today. A recruitment process has begun for her successor. Lorna joined Nokia in 2020 and has been the Chief People Officer and a member of the Group Leadership Team since June 2024. She has been responsible for evolving Nokia’s people strategy and driving forward our talent and leadership programs. Esa Niinimäki, Chief Legal Officer, will assume Lorna’s responsibilities in the interim period as the search commences. About NokiaAt Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

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