India-Born Rajeev Suri is New Nokia CEO

By Vivek

Nokia, which is fully acquired by Microsoft has today announced Rajeev Suri as the company's new Chief Executive officer. Until now Suri was leading the Nokia Solutions and Networks (NSN), the network equipment unit that competes with larger rivals such as industry leader Ericsson as well as Chinese rival Huawei. Now Suri is expected to outline the company's new strategy with a focus on its network equipment business.

India-Born Rajeev Suri is New Nokia CEO


Timo Ihamuotila will continue as Nokia's chief financial officer and Risto Siilasmaa as the chairman of the board, Nokia reportedly said. It's not been long time since Nokia finalized the 5.4 billion euro ($7.5 billion) sale of its struggling mobile phone business to Microsoft and the move might have brought Suri into the scene now. However, issues regarding Nokia's Chennai plant is yet to be solved.

Recommended: Lenovo S860 Released At Rs 21,500: Top 10 Alternative Android Smartphone Rivals To Consider In India

Talking about Suri's leadership in the company, his division was under loss for several years but turned profitable in 2012 after he slashed costs and shed unprofitable businesses. Last year, it was reportedly said that NSN contributed most of the 12.7 billion euro (USD 17.6 billion) turnover Nokia made from its continuing operations.

Recommended: HTC Desire 816 Hands On and First Look: The Coming of Age Mid-Range Phablet is Here

Nokia Chairman Risto Siilasmaa reportedly said, "Rajeev is the right person to lead the company forward." He further added, "He has a proven ability to create strategic clarity, drive innovation and growth, ensure disciplined execution, and deliver results."

Suri, in a video posted on the companys website said, "I have been with Nokia for almost 20 years, and the opportunities ahead of us are as great as I have ever seen."

Most Read Articles
Best Mobiles in India

Read More About: nokia rajeev suri news ceo microsoft

Best Phones

Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Yes No
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more