X

Rajeev Suri named as Nokia’s new CEO , effective May 1Rajeev Suri is Nokia’s new CEO & President, effective May 1.

The announcement comes days after the sale of its Devices & Services business to Microsoft was finalised on April 25.
Nokia’s Board appointed Indian-born Suri, a Nokia veteran who has worked at the Finnish giant since 1995, in a range of leadership positions. 

Since October 2009, he has served as CEO of Nokia Solutions and Networks (NSN), the former joint venture between Nokia and Siemens, which contributes about half the company’s revenues, now fully owned by Nokia. 
During his tenure, NSN went through a radical transformation to become one of the industry’s leaders, and serves more than 90 of the world’s 100 largest telecom operators.
Suri said he is “honored to have been asked to take this role, and excited about the possibilities that lie in our future.” 
Nokia also today announced its new strategy in the wake of the Devices sale – to focus on developing NSN, location services, and Technologies.  
“Nokia, with its deep experience in connecting people and its three strong businesses, is well-positioned to tap new opportunities during this time of technological change,” Suri said. 
“The world of technology is on the verge of a change that we believe will be as profound as the creation of the internet.”
“With our three strong businesses – Networks, HERE and Technologies – and position as one of the world’s largest software companies, we are well placed to meet our goal to be a leader in the technologies for a world where everybody and everything is connected.” 
Nokia also announced a EUR 5 billion capital structure optimization program including a EUR 2 bn debt reduction program and dividend payout to shareholders, as it prepares to spend the proceeds of the billion dollar Microsoft deal.   
728x90 Nokia New CEO Unveiled
Arlo EOFY25 728x90 Nokia New CEO Unveiled
BEL2535 BPB024 4SQ Banners 728x90 Nokia New CEO Unveiled
AU X8 Banner 728x90 Nokia New CEO Unveiled
Hisense KV BannerAd 728 90 Nokia New CEO Unveiled
728x90 Nokia New CEO Unveiled
Marshall 728x90 1 Nokia New CEO Unveiled
Westan 728x90px Nokia New CEO Unveiled
MaxRanger4K Leaderboard 728x90 Nokia New CEO Unveiled
Uniden Channelnews SoloX July 2024 728x90 1 Nokia New CEO Unveiled
728X90 1 Nokia New CEO Unveiled
JBL TourPro3 728x90 Nokia New CEO Unveiled
Flick of a switch 728x90 1 Nokia New CEO Unveiled
241211 SAV Ruark CNewsJan Leader Nokia New CEO Unveiled
ChannelNews AZ100 728x90 Nokia New CEO Unveiled
728 x 90 Nokia New CEO Unveiled
ELX DIG Crosscat Promo 728x90 Mar25 Nokia New CEO Unveiled
Px7 S3 728x90 1 Nokia New CEO Unveiled
HAIER Series 600 FLW HPD Pairs 728x90 1 Nokia New CEO Unveiled
Skullcandy 728x90 1 Nokia New CEO Unveiled
hitachi banner 728x90 Nokia New CEO Unveiled
FA 979 HN MDF SG14 14gen 728x90 1 Nokia New CEO Unveiled
GOTHAM 728px x 90px Nokia New CEO Unveiled
728x90 Nokia New CEO Unveiled
BlueAnt 4SQM PumpAirUltra 728x90px Nokia New CEO Unveiled


YOU MAY ALSO LIKE