Thursday, May 31, 2007

Nokia Siemens Networks Appoints CFO

Nokia Siemens Networks named Eric Simonsen as its new chief financial officer, replacing Peter Schoenhofer, who is resigning for personal reasons. Simonsen currently serves as the company's global head of restructuring and a member of the Nokia Siemens Networks executive board.

Simonsen has held senior management positions at companies such as WorldCom Corp., Cable & Wireless America Inc. and Genuity Inc. From 1991 to 2001 he served as chief of operations and chief financial officer for Allmerica Financial Corp., a Fortune 400 company. Since 2002, Simonsen has worked at AlixPartners, a firm focused on helping corporations manage integration and financial restructuring. Simonsen is an American citizen who has previously worked and lived in the Nordic region, and in his new role he will work in both Helsinki and Munich.

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