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Nokia Losing Longtime CEO

Nokia is losing its CEO Rajeev Suri, TechCrunch reports. Taking his place, “Pekka Lundmark, the outgoing President and CEO of energy firm Fortum, has been elected as the President and Chief Executive Officer of Nokia.” In a number of roles, Suri has been with the Finnish phone maker for about 25 years. “The announcement comes days after Bloomberg News reported that Nokia was exploring a range of strategic options including selling portions of its business assets to potential merger deals.”

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