New Nokia Siemens CEO announced

Board of Directors appoints new CEO

The Nokia Siemens Networks Board of Directors has appointed Rajeev Suri as Chief Executive Officer, effective October 1, 2009.

Suri succeeds Simon Beresford-Wylie. Suri will be based at Nokia Siemens Networks’ headquarters in Espoo, Finland.

“I am extremely pleased to announce Rajeev’s appointment as Chief Executive Officer of Nokia Siemens Networks,” said Olli-Pekka Kallasvuo, Nokia CEO and Chairman of the Board of Directors of Nokia Siemens Networks. “We began a comprehensive succession process when Simon shared his desire to depart at the appropriate time. That process has made it clear that Rajeev brings the right values, experience and industry expertise to take Nokia Siemens Networks forward.”

Suri, who currently leads the Services business of Nokia Siemens Networks, brings 20 years of experience in the telecommunications industry to the role of Chief Executive Officer. Previous positions have included leading the Asia-Pacific region during a time of significant growth in both product and service sales; overseeing teams for important customers such as Hutchison; and managing products, such as the early cellular transmission portfolio of Nokia.

“Simon leaves with our deep appreciation for completing the successful integration of Nokia Siemens Networks,” said Rudi Lamprecht, Vice Chairman of the Board of Directors of Nokia Siemens Networks. “Rajeev takes on the role of CEO as a proven leader who has most recently demonstrated his abilities with the transformation of Nokia Siemens Networks’ Services business. His deep experience in customer-facing and product-related roles makes him an ideal leader for the company.”