Theia

Article

Nokia Chair Sari Baldauf to Step Down Amid AI-Driven Q4 Profit Performance

DATA AND AI INFRASTRUCTURE

Nokia Chair Sari Baldauf will step down as the company undergoes restructuring to capitalize on AI and data center demand, following a 3% decline in Q4 operating profit to 1.05 billion euros. Timo Ihamuotila is proposed as her successor, while net sales of 6.12 billion euros met analysts' expectations. Despite a 17% growth in the Optical Networks division, profit margins are under pressure from US tariffs and a weaker dollar, prompting discussions for further cost reductions.

Nokia Chair Sari Baldauf to Step Down Amid AI-Driven Q4 Profit Performance
Jan 30, 2026, 6:00 AM

No comments yet. Be the first to share your thoughts!