Nokia Solutions Chair Ovesen Will Step Down

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Nokia Headquater

The manager of Nokia Solutions Networks unit, Jesper Ovesen, will be stepping down after Nokia Corp. (NYSE:NOK) finishes the hand-over of it’s mobile phone business to Microsoft Corp. (NASDAQ:MSFT), according to Bloomberg.

Jesper Ovesen joined the Finnish company in 2011, when the Nokia Solutions Networks unit was still a partnership between Nokia and Siemens, and will stay on as an advisor during the transition. Ovesen’s role with NSN has been overseeing the company’s “strategic direction,” according to NSN’s website. In the past he served as CFO of a Danish telecommunications company group, TDC, which is the largest in Denmark.

Nokia’s interim CEO Risto Siilasmaa said of Ovesen in a statement that, “We thank Jesper for lending the full breadth of his restructuring and change management expertise and for playing a critical part in building a stronger NSN. NSN has developed into a profitable and leading mobile broadband specialist that is pushing the boundaries of connecting people through LTE and future technologies. We wish Jesper well for the future,” per the Wall Street Journal.

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