Nokia and Siemens announced the appointment of Jesper Ovesen as executive chairman of the Board of Nokia Siemens Networks.

As executive chairman, Ovesen assumes a full-time role with a special emphasis on overseeing the strategic direction of Nokia Siemens Networks as it seeks to strengthen its position as a leader in the industry and become a more independent entity.  He will work closely with Nokia Siemens Networks CEO Rajeev Suri and his management team in that capacity.

Ovesen has held a number of senior management positions in leading European companies, including serving most recently as CFO at Danish telecommunications group TDC during the company’s restructuring process and Initial Public Offering.

We are delighted to welcome Jesper to his new role. With a strong track record in change management, Jesper is an excellent addition to the Nokia Siemens Networks team. As executive chairman, he will also be responsible for strategy oversight as Nokia Siemens Networks transitions towards a strong standalone entity,” said Nokia CEO Stephen Elop and Siemens CFO Joe Kaeser.

I am delighted to be joining the Nokia Siemens Networks team. Nokia Siemens Networks is an innovation leader in the industry and I look forward to supporting the company as it forges ahead in its path to sustainable long-term leadership and profitability,” said Jesper Ovesen.

Olli-Pekka Kallasvuo, who has served as non-executive chairman, has elected to step down from his position as serving in a full time capacity was not possible. We would both like to extend our sincere thanks to Olli-Pekka for his contribution and dedication to Nokia Siemens Networks,” said Nokia CEO Stephen Elop and Siemens CFO Joe Kaeser.

By Telecomlead.com Team
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