NSN Names New CEO

ESPOO, Finland - The Nokia Siemens Networks Board of Directors has appointed Rajeev Suri as Chief Executive Officer, effective October 1, 2009. Suri succeeds Simon Beresford-Wylie, who will support Suri during a transition period through November 1, 2009 before leaving the company. Beresford-Wylie will leave the Nokia Group Executive Board as of September 30, 2009. 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. In previous roles, he has been based in various locations including India, Finland, the United Kingdom, West Africa and Singapore. Suri, 41, is an Indian citizen and is married with two children.

Nokia Networks