Sonera Zed CEO joins Yahoo Mobile

Sonera Corporation today announced Juha Varelius, a member of Sonera’s Executive Management Team and Head of its Products and Services layer, has stepped down and that Yahoo Europe has appointed him vice president and managing director of Yahoo! Mobile, based in London. Mr. Varelius continues for the present as CEO of Sonera Zed Ltd., a joint venture between Sonera (85%) and Yahoo (15%). Anni Vepsäläinen, a member of Sonera’s Executive Management Team and Head of Human Resources and Competencies, will also take on the role of Acting Head of Sonera‘s Products and Services.