Nokia

Espoo, Catalunya, Finland

Pekka Lundmark

Special Advisor, former CEO

Finland

In over 20 years as a CEO, Pekka has accrued deep expertise in the telecommunications, technology, energy, manufacturing, machinery, retail and finance sectors, all of which are central to the transition into the Fourth Industrial Revolution.

Pekka was appointed Nokia’s CEO in August 2020. He previously worked for the company between 1990 and 2000, when he helped oversee Nokia’s emergence as the world’s biggest mobile handset manufacturer and a significant player in mobile infrastructure.

Pekka started his Nokia career as account manager, responsible for the launch of the world’s first GSM network. He led the company’s expansion into new territories and became known as a dynamic and visionary leader who knew how to adapt businesses to prepare for, and capitalize on, coming trends.

He moved from Nokia into venture capital, then into the consumer goods company Hackman, where he first became a CEO.

He then led Konecranes for 10 years, before in 2015 moving to Fortum, an international energy company that has reshaped the energy system across much of Northern and Eastern Europe and beyond. His time at Fortum was characterized by improving resource efficiency and pursuing modern methods of energy generation, as well as well-timed mergers and acquisitions. This led to the creation of considerable shareholder value.

Pekka’s broad experience, which includes working in Silicon Valley and Asia, has given him insight into new technologies and techniques that will be at the heart of the Fourth Industrial Revolution. These include 5G, artificial intelligence, private networks, the Industrial Internet of Things, predictive maintenance, cloud computing, adapting business models, retraining staff, supply chain optimization and widespread digitalization.

    Work History

    Nokia

    35 years, 11 months
    Special Advisor, former CEO
    Apr 2025 - Present
    President and CEO
    Aug 2020 - Mar 2025
    Various positions
    Jan 1990 - Dec 2000

    Fortum

    4 years, 9 months
    President & CEO
    Sept 2015 - Jun 2020

    Konecranes

    11 years
    President & CEO
    Aug 2004 - Aug 2015

    Hackman Abp

    2 years, 11 months
    President & CEO
    Jan 2002 - Dec 2004

    Startupfactory

    2 years, 11 months
    Managing Partner
    Jan 2000 - Dec 2002

    VIA Information Systems

    5 years, 11 months
    Field Engineer
    Jan 1985 - Dec 1990
    Executives
    • Bo Jensen

      Head of Delivery Operations Asia Pacific & Japan at Nokia

    • Johannes Giloth

      Senior Vice President of Global Operations and Chief Procurement Officer at Nokia

    • Rudy Hoebeke

      Vice President, Software Product Management

    • Vivek Gaur

      Vice President, Engineering

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