Rajeev Suri to Be Next Nokia CEO, Says Report

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Rajeev Suri, chief executive officer of Nokia Solutions and Networks, Nokia’s telecom network equipment division, is likely to become the Finnish company’s next chief executive after the sale of its handset business to Microsoft, Finnish newspaper Helsingin Sanomat reported March 14, citing sources close to board discussions.

Suri is the leading candidate to succeed Stephen Elop, who will move to Microsoft to head the devices and studios business, after the $7.5-billion handset sale is finalized by the end of March. The newspaper said Nokia’s board would nominate a new CEO shortly after that.

Suri made himself a top candidate to succeed Elop by turning the Nokia telecom equipment unit profitable through restructuring and discarding unprofitable businesses. However, the unit’s fourth-quarter sales fell 22 percent from a year earlier, raising concerns about growth.

Read more at http://www.indiawest.com/news/17621-rajeev-suri-to-be-next-nokia-ceo-says-report.html?utm_source=Newsletter+-+2014+-+March+18&utm_campaign=DNL+-+March+18%2C+2014&utm_medium=email#bDlGL8qvoyCIudLo.99