Nokia Replacing CEO Suri After Struggling to Make Headway in 5G
- Pekka Lundmark, Fortum’s outgoing chief, to take helm
- Investors will have to wait until September for new boss
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Nokia Oyj is replacing Chief Executive Officer Rajeev Suri as the Finnish maker of phone gear seeks to make up lost ground to Huawei Technologies Co. and Ericsson AB in the race for 5G networks.