Saturday, March 15, 2014

Nokia may give charge to Indian-origin Rajeev Suri as CEO


Finnish telecom equipment maker Nokia Corp. is planning to appoint Rajeev Suri as its next chief executive, Finnish newspaper Helsingin Sanomat reported on its website citing unnamed Finnish and foreign sources.
Nokia's board will announce Mr. Suri's appointment in the coming weeks after it has closed the sale of its mobile device business to Microsoft Corp. (MSFT), Helsingin Sanomat reported.
Suri was the strongest candidate to succeed Stephen Elop who is due to move to Microsoft once the 5.4 billion euro ($7.5 billion) handset deal is closed.
Mr. Suri, who joined Nokia in 1995, currently heads the firm's network arm Nokia Solutions and Networks (NSN). He is credited for playing a pivotal role in the successful restructuring of NSN, which was mired in losses for several years.
Nokia declined to comment on the matter to the newspaper.

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