The current CEO of HMD Global (Nokia Mobile), Arto Nummela, made a surprising exit from the company today with immediate effect. This news is a bit of a shocker for a company that is just starting to expand their operations with frequent launch and release of their products in the global market.

In a press release sent by HMD to media, the company announced that the current company President, Florian Seiche will be replacing Nummela’s position as the acting CEO. Furthermore, Sam Chin, HMD Global’s Chairman of the Board commented that Nummela played a key role in the creation of the company and thank him for his prior contributions.

The press release did not disclosed any information regarding the last minute change of leadership. The company is expected to launch their first flagship smartphone tomorrow and it’s kind of weird for Nummela to step down just the day before the unveiling.

Full Press Release:

Espoo, Finland 19 July 2017 – HMD Global today announced that through mutual agreement between Chief Executive Officer Arto Nummela and the HMD Global Board of Directors, Arto Nummela will leave HMD with immediate effect.

Commenting on the changes, Sam Chin, Chairman of the Board, HMD Global Oy 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.”

In addition to his current role as President, Florian Seiche has been appointed to the role of acting CEO, starting immediately. Florian has been co-leading HMD Global as President since the start of the company.