Wirén Appointed Nokia CFO
Thursday, June 11, 2020 | Comments

Nokia appointed Marco Wirén as chief financial officer (CFO) of the company and member of the group leadership team, replacing current CFO Kristian Pullola.

“I am pleased that Marco will be joining us to take the reins of Nokia along with our future CEO, Pekka Lundmark,” said Rajeev Suri, Nokia president and CEO. “I initiated the succession planning with the board’s support some time ago, and as Nokia’s next CEO, Pekka led the effort to its completion with the selection of Marco.”

Wirén, who will be based at the company’s headquarters in Espoo, Finland, is currently president of Wärtsilä Energy and executive vice president of Wärtsilä Group, a global leader in smart technologies and lifecycle solutions for the marine and energy markets. Wirén has held a number of CFO and other senior financial roles, including CFO of Wärtsilä Group; CFO of SSAB Group, a global specialized steel company; and CFO of Eltel Networks, a provider of technical services to the electrical and telecommunications industries.

Pullola, who has served as CFO since January 2017, will remain with the company until around the end of the year to ensure a smooth transition. During his time at Nokia, Pullola played a key role in the transactions that transformed Nokia to a global leader in telecommunications infrastructure, including the sale of the devices business to Microsoft and the acquisition of Alcatel-Lucent. He also led company-level performance management processes and helped reduce overall fixed costs substantially. Pullola transformed the finance function into a process-led business partner while enhancing productivity.

“Kristian has been with Nokia for 21 years, and I know he is looking forward to the opportunity to pursue a new path,” said Suri. “His commitment, integrity and deep belief in Nokia and its values has served as an example to all of us. I have worked closely with him in both good times and bad, and could not have asked for a more dedicated, intelligent colleague. All of Nokia owes him their thanks and he certainly has mine.”

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