Nokia to name Rajeev Suri as next CEO on Tuesday

Tags: Nokia, News
Nokia, which is set to close the sale of its phone business to Microsoft, will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business, a newspaper said on Friday.

Citing unnamed sources, daily Helsingin Sanomat said Nokia would also on Tuesday, along with its first-quarter results, announce how much cash it would pay out to shareholders.

Investors have been looking forward to hearing about Nokia's next steps since it announced the 5.4 billion euro ($7.5 billion) Microsoft deal in September.

Nokia said earlier this week it expected the deal to close on Friday after the companies had agreed to modify certain deal conditions.

46-year-old Suri, born in India, has been widely considered the leading candidate for the CEO post as in recent years he has helped the network division Nokia Solutions and Networks (NSN) turn profitable with a drastic restructuring plan and by ditching unprofitable businesses.

The newspaper also said Nokia would over time abandon the name NSN.

Nokia was not immediately available for comment.


  • Everybody who contributes to India’s economic growth must be paid well

    Private sector blue chip companies are known to pay top dollar for top-level talent. Directors in such companies take home hefty pay packets.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Amita Sharma

Smart cities for the smart citizens

The 21st century has been spoken of as the urban ...

Zehra Naqvi

The prejudiced childhood

Sometimes the most unusual things can remind you of the ...

Bubbles Sabharwal

Women of the world, unite for a change

Last week I attended the Women in the World forum ...


William D. Green

Chairman & CEO, Accenture