Nokia’s COO Quits After Eight Months in the Job

Nokia’s COO Quits After Eight Months in the Job
A Nokia logo is seen at the company's headquarters in Espoo, Finland, May 5, 2017. Reuters/Ints Kalnins
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HELSINKI—Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.

COO Monika Maurer will be replaced by Joerg Erlemeier, currently a senior vice president for Nokia Transformation, effective immediately, the Finnish company said on Monday Dec. 11.