Another Nokia exec out: UK head jumps to Pace as president

Photo by rick on Flickr. Some rights reserved

After CEO Olli-Pekka Kallasvuo, EVP Anssi Vanjoki and chairman Jorma Olila, now Nokia UK and Ireland managing director Mark Loughran is the latest leaving the handset maker.

He is joining TV set-top box maker Pace as president of a new business division, Pace Enterprise.

The new unit will exploit Pace’s intellectual property, gateway and networks businesses, the box maker says.

Pace is amongst the world’s leading STB makers, supplying boxes for BSkyB, Sky Italia, BT Vision, Comcast, Time Warner Cable and more.

If Nokia’s fightback starts here, as Vanjoki said in July, then it’s starting without some of its leading old-guard execs.

In a statement, Loughran said:

“I have thoroughly enjoyed my time at Nokia and making the decision to leave such a great company has not been easy. I’m immensely proud of what we’ve achieved since I joined in 2007 and I leave behind an amazing group of highly talented and dedicated people. I personally feel very fortunate to have led Nokia UK and I wish Sami and all the team the very best for the future. Nokia is well-positioned for success in the years ahead and leave Nokia UK and Ireland in great shape for the second half of 2010 with Nokia N8 and C7 [smartphones] hitting the streets over the next few weeks and the ongoing rollout of Ovi services and apps.”