Nokia (NOK) Announces Departure of Chief People Officer Lorna Gibb

Nokia Oyj (NYSE:NOK) is one of the 10 undervalued tech stocks flying under Wall Street’s radar. On June 26, the company announced the departure of Lorna Gibb, its Chief People Officer (CPO). Gibb will also cease to be part of Nokia’s Group Leadership Team.

Nokia (NOK) Announces Departure of Chief People Officer Lorna Gibb

In the statement, Nokia divulged that Gibb is leaving “to pursue another opportunity” outside of the organization. The departure was effected immediately. Gibb joined Nokia in 2020. As the CPO, she was tasked with evolving the company’s human resources strategy and driving forward its talent and leadership programs. In her place, Esa Niinimäki, the current Chief Legal Officer, will assume CPO responsibilities, though on an interim basis.

Gibb’s exit comes just months after Nokia changed its top leadership. Justin Hotard assumed the role of President and CEO on April 1, 2025, succeeding Pekka Lundmark after his departure.

Nokia Oyj (NYSE:NOK) is a Finnish telecommunications and network infrastructure company. It provides mobile and fixed network equipment, cloud and software solutions, and technology licensing through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. Its key offerings include 5G radio access networks, IP and optical transport systems, and telecom software platforms.

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