TIDMNOKIA
Nokia Corporation
Stock Exchange Release
August 22, 2019 at 09:30 (CEST +1)
Nokia appoints Gabriela Styf Sjöman as Chief Strategy Officer and
member of the Nokia Group Leadership Team
Espoo, Finland - Nokia today announced the appointment of Gabriela Styf
Sjöman, a proven technology and innovation leader, as Chief
Strategy Officer and member of the Group Leadership team, effective
December 1, 2019. Gabriela succeeds Kathrin Buvac as Chief Strategy
Officer, who continues in the role of President of Nokia Enterprise and
member of the Group Leadership Team.
Gabriela joins Nokia from Telia Company in Sweden, where she has held
positions including Deputy Head of Global Services and Operations and
Head of Group Networks, and most recently Vice President and Head of
Group Network Services and Operations. In that role she was responsible
for technology strategy, architecture, design, delivery and operations
for Fixed and Mobile Networks, as well as strategy execution for 5G
Readiness for Telia Company Nordics and Baltics.
"We are delighted to welcome Gabriela to Nokia at a pivotal moment in
our 5G journey. She brings a wealth of international knowledge and a
deep understanding of our industry, its customers and technologies,"
said Rajeev Suri, President and Chief Executive Officer of Nokia. "Her
insight will be critical in refining our strategy for the future. I also
want to thank Kathrin, who has continued to lead our strategy
organization in addition to her role as President of Nokia Enterprise
since January this year."
"I am excited to join Nokia at such a pivotal time," said Gabriela.
"With its broad portfolio and innovative technology, Nokia is well
positioned to help its customers realize the full potential of 5G, and I
look forward to being part of further strengthening Nokia in this 5G
journey".
Before joining Telia Company in 2017, Gabriela spent two years with
Telecom Italia in Rome as Vice President, Engineering and Telecom Italia
Group Labs, following more than ten years at Ericsson in a variety of
senior roles in China, Germany and the US.
A true global citizen, Gabriela is multicultural with a Mexican mother
and a Swedish father. Having grown up in Mexico, the US, the former
Czechoslovakia and Sweden, she studied Basic Law, Political Science and
International Relations at the University of Uppsala, Sweden and holds
an MBA from Durham University, UK.
Gabriela will be based in Espoo, Finland and will report to President
and Chief Executive Officer, Rajeev Suri.
With this appointment, Nokia's Group Leadership Team will consist of the
following members: Rajeev Suri, Nassib Abou-Khalil, Basil Alwan,
Hans-Juergen Bill, Kathrin Buvac, Ricky Corker, Joerg Erlemeier, Barry
French, Sanjay Goel, Bhaskar Gorti, Federico Guillén, Jenni
Lukander, Sandra Motley, Kristian Pullola, Sri Reddy, Gabriela Styf
Sjöman, Tommi Uitto and Marcus Weldon.
Additional background on all current members of the GLT can be found at
https://www.globenewswire.com/Tracker?data=3XQetC-XoAZYhXpUDOOOUh-c0VkHvFWtqIx2_26-xlMYd_qjOg1_E-TKkqw9NYqPZtI9LLKlQcYb1dFkk3THeBLzdULAe5tsWa3fYkWLPNkOz9EnDo23Uyg1zNMdUoSnkGUpq_JApuYjzKzrnSw6aOyx76bDL1aq_PaHQ1SgP6QUqCJfMtOSwKjQvUxdKW8MOYdX7BcdnwokkHM2Q9CsVY9yXhpoIwFcUb4VtK3ZV2qOlRWO2v46Ap8QsIsEbdMH
http://www.nokia.com/en_int/investors/corporate-governance/group-leadership-team
About Nokia
We create the technology to connect the world. We develop and deliver
the industry's only end-to-end portfolio of network equipment, software,
services and licensing that is available globally. Our customers include
communications service providers whose combined networks support 6.1
billion subscriptions, as well as enterprises in the private and public
sector that use our network portfolio to increase productivity and
enrich lives.
Through our research teams, including the world-renowned Nokia Bell Labs,
we are leading the world to adopt end-to-end 5G networks that are faster,
more secure and capable of revolutionizing lives, economies and
societies. Nokia adheres to the highest ethical business standards as we
create technology with social purpose, quality and integrity.
https://www.globenewswire.com/Tracker?data=ohODhwM7RcMlOMgwszBn3AnefVvsWx9Ukz6XaidYQ5WIQ2O_kH2rX8VlreB6bPW5Wnfq8jmlVW8m79XFWN4LAA==
www.nokia.com
Media Inquiries
Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com
Katja Antila, Head of Media Relations
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 growth management; B)
expectations, plans or benefits related to future performance of our
businesses and any expected future dividends; C) expectations and
targets regarding financial performance, results, the timing of
receivables, operating expenses, taxes, currency exchange rates, hedging,
cost savings and competitiveness, as well as results of operations
including targeted synergies and those related to market share, prices,
net sales, income and margins; D) expectations, plans or benefits
related to changes in organizational and operational structure; E)
expectations regarding market developments, general economic conditions
and structural change globally and in national and regional markets,
such as China; F) our ability to integrate acquired businesses into our
operations and achieve the targeted business plans and benefits,
including targeted benefits, synergies, cost savings and efficiencies;
G) expectations, plans or benefits related to any future collaboration
or to business collaboration agreements or patent license agreements or
arbitration awards, including income to be received under any
collaboration or partnership, agreement or award; H) timing of the
deliveries of our products and services, including our short term and
longer term expectations around the rollout of 5G and our ability to
capitalize on such rollout; and the overall readiness of the 5G
ecosystem; I) expectations and targets regarding collaboration and
partnering arrangements, joint ventures or the creation of joint
ventures, and the related administrative, legal, regulatory and other
conditions, as well as our expected customer reach; J) outcome of
pending and threatened litigation, arbitration, disputes, regulatory
proceedings or investigations by authorities; K) expectations regarding
restructurings, investments, capital structure optimization efforts,
uses of proceeds from transactions, acquisitions and divestments and our
ability to achieve the financial and operational targets set in
connection with any such restructurings, investments, capital structure
optimization efforts, divestments and acquisitions, including our
current cost savings program; L) expectations, plans or benefits related
to future capital expenditures, temporary incremental expenditures or
other R&D expenditures to develop or rollout of software and other new
products, including 5G; and M) statements preceded by or including
"believe", "expect", "expectations", "commit", "anticipate", "foresee",
"see", "target", "estimate", "designed", "aim", "plan", "intend",
"influence", "assumption", "focus", "continue", "project", "should", "is
to", "will" or similar expressions. These forward-looking statements are
subject to a number of risks and uncertainties, many of which are beyond
our control, which could cause actual results to differ materially from
such statements. These statements are based on management's best
assumptions and beliefs in light of the information currently available
to it. These forward-looking statements are only predictions based upon
our current expectations and views of future events and developments and
are subject to risks and uncertainties 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) competition and our ability to
effectively and profitably invest in existing and new high-quality
products, services, upgrades and technologies and bring them to market
in a timely manner; 4) our dependence on the development of the
industries in which we operate, including the cyclicality and
variability of the information technology and telecommunications
industries and our own R&D capabilities and investments; 5) our
dependence on a limited number of customers and large multi-year
agreements, as well as external events impacting our customers including
mergers and acquisitions; 6) our ability to maintain our existing
sources of intellectual property-related revenue through our
intellectual property, including through licensing, establish new
sources of revenue and protect our intellectual property from
infringement; 7) our ability to manage and improve our financial and
operating performance, cost savings, competitiveness and synergies
generally, expectations and timing around our ability to recognize any
net sales and our ability to implement changes to our organizational and
operational structure efficiently; 8) our global business and exposure
to regulatory, political or other developments in various countries or
regions, including emerging markets and the associated risks in relation
to tax matters and exchange controls, among others; 9) our ability to
achieve the anticipated benefits, synergies, cost savings and
efficiencies of acquisitions; 10) exchange rate fluctuations, as well as
hedging activities; 11) our ability to successfully realize the
expectations, plans or benefits related to any future collaboration or
business collaboration agreements and patent license agreements or
arbitration awards, including income to be received under any
collaboration, partnership, agreement or arbitration award; 12) Nokia
Technologies' ability to protect its IPR and to maintain and establish
new sources of patent, brand and technology licensing income and
IPR-related revenues, particularly in the smartphone market, which may
not materialize as planned, 13) our dependence on IPR technologies,
including those that we have developed and those that are licensed to us,
and the risk of associated IPR-related legal claims, licensing costs and
restrictions on use; 14) our exposure to direct and indirect regulation,
including economic or trade policies, and the reliability of our
governance, internal controls and compliance processes to prevent
regulatory penalties in our business or in our joint ventures; 15) our
reliance on third-party solutions for data storage and service
distribution, which expose us to risks relating to security, regulation
and cybersecurity breaches; 16) inefficiencies, breaches, malfunctions
or disruptions of information technology systems, or our customers'
security concerns; 17) our exposure to various legal frameworks
regulating corruption, fraud, trade policies, and other risk areas, and
the possibility of proceedings or investigations that result in fines,
penalties or sanctions; 18) adverse developments with respect to
customer financing or extended payment terms we provide to customers;
19) the potential complex tax issues, tax disputes and tax obligations
we may face in various jurisdictions, including the risk of obligations
to pay additional taxes; 20) our actual or anticipated performance,
among other factors, which could reduce our ability to utilize deferred
tax assets; 21) our ability to retain, motivate, develop and recruit
appropriately skilled employees; 22) disruptions to our manufacturing,
service creation, delivery, logistics and supply chain processes, and
the risks related to our geographically-concentrated production sites;
23) the impact of litigation, arbitration, agreement-related disputes or
product liability allegations associated with our business; 24) our
ability to re-establish investment grade rating or maintain our credit
ratings; 25) our ability to achieve targeted benefits from, or
successfully implement planned transactions, as well as the liabilities
related thereto; 26) our involvement in joint ventures and
jointly-managed companies; 27) the carrying amount of our goodwill may
not be recoverable; 28) uncertainty related to the amount of dividends
and equity return we are able to distribute to shareholders for each
financial period; 29) pension costs, employee fund-related costs, and
healthcare costs; 30) our ability to successfully complete and
capitalize on our order backlogs and continue converting our sales
pipeline into net sales; and 31) risks related to undersea
infrastructure, as well as the risk factors specified on pages 60 to 75
of our 2018 annual report on Form 20-F published on March 21, 2019 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.
(END) Dow Jones Newswires
August 22, 2019 02:30 ET (06:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Nokia Oyj (LSE:0K8D)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Nokia Oyj (LSE:0K8D)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024