The chief executive of wireless networks company Nokia is stepping down from the post and will be succeeded by an energy executive.
The company announced on Monday that Pekka Lundmark will take on the role on September 1 from Rajeev Suri.
Mr Lundmark is currently president and chief executive of Finnish energy company Fortum.
Pekka Lundmark appointed President and CEO of Nokia; Rajeev Suri to step down after more than a decade as President and CEO of Nokia and Nokia Siemens Networks. @PekkaLundmark is expected to start in his new role on September 1, 2020. https://t.co/umjmnhYm7R pic.twitter.com/XebUf3tt0O— Nokia (@nokia) March 2, 2020
Nokia said Mr Suri had previously told its board that he was considering stepping down from his role at some point, provided a solid succession plan was in place.
Mr Suri, who has worked at Nokia for 25 years, will leave his post on August 31.
He will serve as an adviser until January 1 2021.