Nokia’s new CEO Pekka Lundmark posted on LinkedIn right this moment that the corporate’s Chief Advertising and marketing Workplace Barry French shall be stepping down on the finish of 2020.
Lundmark wrote: “I respect the help he has given me since I took on the function of Nokia CEO, significantly provided that I do know he has been contemplating a change. All of Nokia owes him their thanks, and he leaves with my respect, appreciation and gratitude.”
He didn’t point out whether or not the CMO place could be stuffed.
French has been with Nokia since 2006, taking part in a component in the acquisition of Alcatel-Lucent and taking accountability for the Nokia model in 2014.
Since taking on as CEO in August, changing longtime CEO Rajeev Suri, Lundmark has shaken up the corporate’s group.
Throughout its third quarter 2020 earnings name, Lundmark stated Nokia would ditch its “end-to-end” technique, in favor of a targeted strategy. He unveiled a reorganization plan that may take impact January 1, 2021. It creates 4 new enterprise teams: Cellular Networks, IP and Fastened Networks, Cloud and Community Providers, and Nokia Applied sciences.
Tommi Uitto, present president of cell networks, will lead the brand new Cellular Networks division, which incorporates the complete portfolio for cell entry community prospects. It should deal with management in 5G, O-RAN and vRAN.
Federico Guillén, at present president of Buyer Operations for EMEA & APAC areas, has been named president of IP and Fastened Networks. That group will embody the present IP Routing, Optical and Fastened Networks, in addition to Alcatel Submarine Networks enterprise.
Raghav Sahgal, who was appointed to president of Nokia’s Enterprise enterprise in Could, will head up the brand new Cloud and Community Providers group. That consists of the present Nokia Software program enterprise, (not together with Cellular Networks community administration), enterprise options, core community options and managed companies. Sure merchandise from different enterprise teams shall be delivered to enterprise prospects through the brand new enterprise group.
Jenni Lukander will proceed to move the Nokia Applied sciences group, which stays largely unchanged.
Nokia’s additionally including a Buyer Expertise group, led by Ricky Corker, to work with prospects throughout all enterprise teams.
In the course of the firm’s third quarter 2020 earnings name, Lundmark stated, “We’ve misplaced share at one giant North American buyer,” presumably referring to Verizon. Rumors surfaced earlier this yr that Verizon was contemplating changing Nokia as a 5G vendor, and in September Verizon awarded a large $6.6 billion network agreement to Samsung.