Nokia Corporation Stock Exchange Release November 13, 2018 at
09:30 (CET +1)
Nokia to sharpen customer organization focus as the 5G era
accelerates and announces changes in the composition of the Nokia
Group Leadership Team
- Ricky Corker appointed President of Customer Operations,
Americas
- Federico Guillén appointed President of Customer Operations,
EMEA & Asia
- Ashish Chowdhary to leave Nokia at the end of 2018 after 15
successful years
Espoo, Finland - Nokia today announced plans to realign its
primary customer-facing organization into two regional groups: one
covering the Americas and the other responsible for Europe, Middle
East, Africa and Asia. The company also announced changes in the
composition of the Nokia Group Leadership Team.
"As we enter the 5G era, extreme customer focus is a must," said
Nokia President and Chief Executive Officer, Rajeev Suri. "The
changes we are announcing today will ensure that we continue to
have the senior management capacity necessary for superb customer
relationships in a world of increasing speed and complexity. I am
extremely pleased that we have two very strong leaders, Ricky
Corker and Federico Guillén, to lead these new groups."
Ricky Corker is appointed President of Customer Operations,
Americas. Corker is currently Executive Vice President and
President North America, and he has played an instrumental role in
returning the business in North America to growth and positioning
Nokia strongly in 5G and other technologies. Prior to this he was
Head of the Asia Pacific Region and held senior roles in Europe and
Australia. He has a degree in Communications and Electronics from
RMIT University in Melbourne, Australia. Corker will report to Suri
and, effective January 1, 2019, will join the Nokia Group
Leadership Team.
Federico Guillén is appointed President of Customer Operations,
EMEA & Asia. Guillén is currently President, Fixed Networks,
where he has delivered consistently strong financial performance
while also investing in future-oriented opportunities such as the
cable market. Prior to this he was President of
Alcatel-Lucent Spain and head of the Telefónica account team.
His extensive international experience includes leadership roles
across Europe, Latin America, Middle East, Africa and India. He
also sits on the board of Nokia Shanghai Bell. He has a degree in
Telecommunications Engineering and a Master's degree in Switching
& Communication Architectures from the ETSIT at the Polytechnic
University of Madrid. Guillén will continue to report to Suri and
remain a member of the Nokia Group Leadership Team. A new leader
for Fixed Networks will be announced in due course.
Ashish Chowdhary will continue to lead Customer Operations and
remain a member of the Nokia Group Leadership Team until the end of
2018. He will then leave Nokia to take a leadership position in
another company.
"Everyone has a time in their career when they want to try
something new and, after 15 successful years at Nokia, Ashish has
reached that moment," said Suri. "The decision to leave Nokia was
his alone, but he goes with my full support. Ashish has been a
close friend, confidant and business partner for many years. He is
a person with deep integrity, far-reaching insight, strong
leadership skills and a work ethic like few others. I am pleased
that he will be joining one of the world's great companies in a
prominent role, and I wish him every success."
As a result of these changes, Nokia's Group Leadership Team
will, effective January 1, 2019, consist of the following members:
Rajeev Suri, Basil Alwan, Hans-Juergen Bill, Kathrin Buvac, Ricky
Corker, Joerg Erlemeier, Barry French, Sanjay Goel, Bhaskar Gorti,
Federico Guillén, Kristian Pullola, Sri Reddy, Marc Rouanne, Maria
Varsellona and Marcus Weldon.
FORWARD LOOKING STATEMENTS
It should be noted that Nokia and its businesses are exposed to
various risks and uncertainties and certain statements herein that
are not historical facts are forward-looking statements. These
forward-looking statements reflect Nokia's current expectations and
views of future developments and include statements regarding: A)
expectations, plans or benefits related to our strategies and
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competitiveness, as well as results of operations including
targeted synergies and those related to market share, prices, net
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that are difficult to predict because they relate to events and
depend on circumstances that will occur in the future.
Factors, including risks and uncertainties that could cause these
differences include, but are not limited to: 1) our strategy is
subject to various risks and uncertainties and we may be unable to
successfully implement our strategic plans, sustain or improve the
operational and financial performance of our business groups,
correctly identify or successfully pursue business opportunities or
otherwise grow our business; 2) general economic and market
conditions and other developments in the economies where we
operate, including the timeline for the deployment of 5G and our
ability to successfully capitalize on that deployment; 3) our
ability to manage and improve our financial and operating
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and our ability to implement changes to our organizational and
operational structure efficiently; 4) our ability to retain,
motivate, develop and recruit appropriately skilled employees, as
well as the risk factors specified on pages 71 to 89 of our 2017
annual report on Form 20-F published on March 22, 2018 under
"Operating and financial review and prospects-Risk factors" and in
our other filings or documents furnished with the U.S. Securities
and Exchange Commission. 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.
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Media Inquiries: Nokia Communications Tel. +358 (0) 10
448 4900 Email: press.services@nokia.com Jon Peet, Vice
President, Corporate Communications
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