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KONE has appointed Ilkka Hara chief financial officer (CFO) and member of the executive board, effective August 8. Based in Espoo, Finland, Hara takes the position previously held by Eriikka Söderström, who plans to leave the company in July to pursue other interests. Hara joins KONE from Microsoft, where he served as general manager and CFO for the phones division since 2014, based in the U.S. Since 2004, he held various finance, and mergers and acquisitions leadership roles at Nokia. Prior to that, he gained experience in investment banking with a special focus on technology. He holds a Master’s of Science in Economics from the Helsinki School of Economics.