People 23-8-05

Nokia names a successor to CEO Ollila. Ollila will step down from the post on June 1, 2006. Olli-Pekka Kallasvuo, who heads the mobile phones business unit, will replace him. Jorma Ollila will take a supervisory position at Royal Dutch Shell plc next year.

Siemens could slash another 4000 jobs in the SBS division.

Marconi has named Joseph Ferrara CEO of its North American division, succeeding Geoffrey Doy, who will remain chairman of the division.

Hanaro Telecom, South Korea's second-largest broadband Internet operator, said that its CEO, Yoon Chang-bun, has offered to resign, and could become company's chairman.