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Pekka Lundmark

Nokia

Finland

Pekka Lundmark became the President and CEO of Nokia on 1 August 2020.

Immediately prior to taking up his role at Nokia, he was President and CEO of Fortum Corporation. Over his five years leading Fortum, the company reshaped the energy system across much of Northern and Eastern Europe and beyond, improving resource efficiency and pursuing the future of energy generation. Pekka has publicly and repeatedly advocated for cleaner, more sustainable energy and circular economies driven by the adoption of smart technologies quickly and at scale.

Prior to this, Pekka held the position of President and CEO at Konecranes for a decade. During this time, the company became an early adopter of Fourth Industrial Revolution-associated technology such as predictive maintenance, helping drastically to increase revenue, EBITDA and market capitalization.

Previously, Pekka held the position of CEO in tech-focused venture capital and consumer goods firms. Before that he held senior roles at Nokia. He has also served as board member in technology and consumer good companies, and technology industry associations.

Pekka lives in Helsinki, Finland, after a career that has taken him to the U.S., Singapore, and Denmark. He earned a master’s degree in information systems from Helsinki University of Technology. Today he chairs the Confederation of Finnish Industries and holds advisory or oversight roles at the Climate Leadership Council, the Royal Swedish Academy of Engineering Sciences, and the Finnish Athletics Federation, among other groups.