REG-Nokia announces changes to Group Leadership Team

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Nokia Corporation
Stock Exchange Release
16 June 2025 at 14:00 EEST

Nokia announces changes to Group Leadership Team
* Federico Guillén to retire from Nokia on 31 December 2025. He will step
down as President of the Network Infrastructure (NI) business group and as a
member of the Group Leadership Team on 30 June 2025.
* As part of a managed transition, David Heard, NI Chief Strategic Growth
Officer, and former CEO of Infinera, is promoted to President of Network
Infrastructure and joins the Group Leadership Team, effective 1 July 2025.
* Victoria Hanrahan will join the Group Leadership Team as Chief of Staff to
Nokia’s President and CEO, effective immediately.
Espoo, Finland – Nokia today announced changes to its Group Leadership Team.
Federico Guillén will retire from Nokia on 31 December 2025. He will step
down from his role as President of Nokia’s Network Infrastructure business
group and from the Group Leadership Team on 30 June 2025.

As part of a managed transition, David Heard, currently NI Chief Strategic
Growth Officer, and former CEO of Infinera, has been promoted to President of
Network Infrastructure and will join the Group Leadership Team, effective 1
July 2025. David will report to Nokia’s President and CEO, Justin Hotard,
and be based in Dallas. Federico and David will work together to ensure a
seamless transition.

Heard joined Nokia with the acquisition of Infinera in February 2025. He was
previously CEO of Infinera and, prior to that held the role of Infinera’s
Chief Operating Officer, responsible for leading the innovation of new
solutions and the overall operational excellence of the company. Before
joining Infinera, Heard held senior positions across various technology
companies in the U.S. including JDSU, BigBand Networks, Somera Communications,
Lucent and AT&T gaining comprehensive experience of the telecoms industry and
demonstrating a strong growth mindset and a commitment to innovation
leadership.

“I want to thank Federico for his exceptional leadership and contribution to
Nokia. As the first President of Network Infrastructure, he has been
instrumental in building a high-performing and profitable business with a
strong customer focus, helping to position the business for long-term growth.
His leadership during major portfolio changes, including the divestment of the
Submarine Networks business and acquisition of Infinera, has laid a solid
foundation for the future. We’re grateful for his service and wish him the
very best on his next chapter,” said Justin Hotard, President and CEO of
Nokia.

“I’m excited to welcome David to the Group Leadership Team as the new head
of our Network Infrastructure business. David has a proven track record of
scaling businesses and driving innovation, and he brings a deep expertise of
hyperscalers and AI-optimized solutions to the business. I’m confident he is
the right leader to take Network Infrastructure forward,” Hotard continued.

In addition, Victoria Hanrahan will join Nokia’s Group Leadership Team as
Chief of Staff to the President and CEO, effective immediately. She will focus
on driving strategic and operational initiatives, including operational
excellence, improving cross-functional execution and ensuring organizational
alignment across the Global Leadership Team. Victoria will report to Nokia’s
President and CEO and be based in Espoo.

Additional background information on all current members of the Group
Leadership Team can be found
at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team.
(https://www.nokia.com/en_int/investors/corporate-governance/group-leadership-team)

David Heard, CV
Born: 1968
Nationality: US national
Education:
Masters, Management Science (Sloan), Stanford University Graduate School of
Business
Master of Business Administration (MBA), University of Dayton
BA, Production & Operations Mgt, The Ohio State University
Experience:
2025 (February-June) Chief Growth Officer at Network Infrastructure, Nokia 
2020–2025 Chief Executive Officer, Infinera 
2017–2020 Chief Operations Officer and various senior positions, Infinera
2015–2016 Cloud Service Provider (Executive Consultant - External), Dell
2010–2015 President - Network & Service (Software) Enablement, JDSU
2007–2010 Chief Operating Officer, BigBand Networks
2004–2006 President & CEO, Somera Communications (Jabil)
2003–2004 President - Switching Systems, Tekelec (Oracle)
2000–2003 President & CEO Santera Systems Inc (now Oracle)
1996–2000 GM & VP Wireless - Various Positions, Alcatel-Lucent
1990–1996 VP of Access, AT&T (Lucent Technologies)
Additional positions:
2017–2022 Member of the Board of Directors, Motion Intelligence
2012–2019 Chairman of the Board, Telecommunications Industry Association 
2015–2018 Board Director, Milestone Sports
2006–2017 Member of the Board of Directors - Co-founder, Zyvex Performance
Materials
2002–2004 Member of the Board of Directors, Spatial Wireless (Alcatel
Lucent)

Victoria Hanharan, CV
Born: 1988
Nationality: US national 
Education:
Bachelor of Business Administration (BBA), Marketing, Texas A&M University
Master of Business Administration (MBA), University of Houston
Experience:
2015–2024 Hewlett Packard Enterprise (HPE)
* Vice President, Global Marketing – High Performance Compute & Artificial
Intelligence (2023–2024)
* Director, Chief of Staff - HPC & AI Business Unit (2021–2023)
* Manager, Marketing Strategy (2019–2021)
* Sr. Product Marketing Manager (2015–2019)
2010–2015 St. Jude Medical
* Product Marketing Manager, Neuromodulation Division (2013–2015)
* Marketing Communications Coordinator (2010–2013)
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
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Phone: +358 10 448 4900
Email: press.services@nokia.com

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Email: investor.relations@nokia.com