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Nokia has no plans to assess strategic options - outgoing chairman

Credit: REUTERS/LEHTIKUVA

March 02, 2020 — 04:21 am EST

Written by Anne Kauranen for Reuters ->

HELSINKI, March 2 (Reuters) - Finnish telecom equipment maker Nokia NOKIA.HE has no plans to assess strategic options for the company, its outgoing chairman Risto Siiliasma told a news conference on Monday.

Incoming chairwoman Sari Baldauf told the news conference, after Nokia said Chief Executive Rajeev Suri would step down and be replaced by Fortum CEO FORTUM.HE and former Nokia executive Pekka Lundmark, that Lundmark had been the board's unanimous choice.

(Reporting by Anne Kauranen, writing by Anna Ringstrom)

((anna.ringstrom@thomsonreuters.com; +46 8 502 423 74; Reuters Messaging: anna.ringstrom.thomsonreuters.com@reuters.net))

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