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Nokia Leadership Shake-Up: Top HR Executive Exit Signals Potential Strategy Shift

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Nokia Corporation announced that Chief People Officer Lorna Gibb is departing the company effective June 26, 2025, stepping down from the Group Leadership Team to pursue another opportunity. A search for her successor has been initiated.

Key details:

  • Gibb joined Nokia in 2020 and served as Chief People Officer since June 2024
  • She was responsible for Nokia's people strategy and talent/leadership programs
  • Esa Niinimäki, Chief Legal Officer, will assume interim responsibilities during the search period

The filing also highlights Nokia's position as a B2B technology innovation leader in mobile, fixed and cloud networks, with notable mentions of Nokia Bell Labs celebrating 100 years of innovation. The company emphasizes its focus on creating open architecture networks and delivering secure, reliable infrastructure for service providers and enterprises globally.

Positive

  • None.

Negative

  • Chief People Officer Lorna Gibb's unexpected departure after only 1 year in the role signals potential leadership instability
  • Abrupt transition with immediate effect suggests possible internal challenges, requiring interim leadership arrangement

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

 

Report on Form 6-K dated June 26, 2025

(Commission File No. 1-13202)

 

Nokia Corporation

Karakaari 7

FI-02610 Espoo

Finland

 

(Translation of the registrant’s name into English and address of registrant’s principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
     
Form 20-F: x   Form 40-F: ¨
     

 

 

 

 

 

 

Enclosures:

 

·Chief People Officer, Lorna Gibb to leave Nokia

 

 

 

 

  Stock exchange release   1 (1)

 

Nokia Corporation

Stock Exchange Release

26 June 2025 at 10:00 EEST

 

Chief People Officer, Lorna Gibb to leave Nokia

 

Espoo, Finland – Nokia today announces that its Chief People Officer, Lorna Gibb, has decided to leave the company and step down from its Group Leadership Team to pursue another opportunity, effective today. A recruitment process has begun for her successor.

 

Lorna joined Nokia in 2020 and has been the Chief People Officer and a member of the Group Leadership Team since June 2024. She has been responsible for evolving Nokia’s people strategy and driving forward our talent and leadership programs.

 

Esa Niinimäki, Chief Legal Officer, will assume Lorna’s responsibilities in the interim period as the search commences.

 

About Nokia

 

At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

 

With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Media inquiries

 

Nokia Communications

Maria Vaismaa, Global Head of External Communications

Phone: +358 10 448 4900
Email: press.services@nokia.com

 

Nokia Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com

 

www.nokia.com

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Nokia Corporation, has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 26, 2025Nokia Corporation
   
By:/s/ Johanna Mandelin
 Name: Johanna Mandelin
 Title: Vice President, Corporate Legal

 

 

 

FAQ

Why did NOK's Chief People Officer Lorna Gibb leave in June 2025?

According to Nokia's 6-K filing dated June 26, 2025, Lorna Gibb decided to leave Nokia and step down from its Group Leadership Team to pursue another opportunity, effective immediately. She had been serving as Chief People Officer since June 2024.

Who will replace Lorna Gibb as NOK's Chief People Officer?

Nokia has begun a recruitment process for Lorna Gibb's successor. In the interim period, Esa Niinimäki, Nokia's Chief Legal Officer, will assume her responsibilities while the search commences.

How long did Lorna Gibb work at NOK before stepping down?

Lorna Gibb joined Nokia in 2020 and served as Chief People Officer and member of the Group Leadership Team from June 2024 until June 2025, totaling about 5 years with the company and approximately one year in the CPO role.

What were Lorna Gibb's main responsibilities at NOK?

As Nokia's Chief People Officer, Lorna Gibb was responsible for evolving Nokia's people strategy and driving forward the company's talent and leadership programs.