Nokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations

Leadership Changes - Nokia announced the creation of two new organizations: Technology and AI Organization and Corporate Development Organization, effective from October 1, 2025, to enhance technology innovation and business development support [2][8] - Pallavi Mahajan will lead the Technology and AI Organization, bringing extensive experience from Intel and HPE, focusing on AI, networking, and cloud technologies [4][10] - Konstanty Owczarek will head the Corporate Development Organization, leveraging his background in corporate development and strategy from HPE and AIG [5][11] Strategic Focus - The establishment of the Technology and AI Organization aims to drive differentiation through core technologies, enhance security and AI capabilities, and maximize partnership value [3][6] - The Corporate Development Organization will focus on accelerating Nokia's strategic evolution and execution, integrating various functions such as mergers and acquisitions and strategic partnerships [5][8] Leadership Transition - Nishant Batra will step down as Chief Strategy and Technology Officer and from the Group Leadership Team on September 30, 2025, after contributing to Nokia's transformation and innovation strategy [7][9]