Archive · 29 Jan 2026

Nokia Chair Sari Baldauf to Step Down

Nokia Chair Sari Baldauf to Step Down

Nokia, a big company that used to make mobile phones, is changing its leaders.

The current chair, Sari Baldauf, is stepping down, and Timo Ihamuotila, who used to be the finance chief, will take her place.

This is happening as Nokia is trying to become more important in areas like artificial intelligence and data centers.

The company's stock price went down a bit when this news came out.

Nokia is also going through big changes to become more successful in the future.

Sources