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HMD Global, Maker of Nokia Phones, Parts Ways with CEO

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Jul 19, 2017, 1:40 PM by Eric M. Zeman

HMD Global today said Arto Nummela, CEO and member of its Global Board of Directors, will leave the company effective immediately. Florian Seiche, who has co-lead the company as president since its founding, has been appointed acting CEO in Nummela's place. Sam Chin, Chairman of the Board, said, "Arto Nummela has played a key role in the creation of the HMD Global operation, building the team and launching our first products. On behalf of the whole Board, I thank Arto for his contribution and wish him well in his future endeavors." HMD Global is the sole licensee of the Nokia brand. Earlier this year, it debuted three Android-based smartphones under the Nokia brand. The company is widely expected to introduce a Nokia-branded Android flagship device in the weeks ahead. HMD Global did not provide a reason for Nummela's sudden departure. Earlier this week, HDM Global debuted the Nokia 130, an entry-level feature phone running Series 30+.

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