Monday, April 28, 2014

Nokia moves on without its phones under new CEO Rajeev Suri


Where ever the future of Nokia lies, starting on May 1st it will get there under the leadership of new CEO Rajeev Suri. Known to be on the short list of candidates, he is the former CEO of Nokia Solutions & Networks (aka Nokia Siemens, now renamed just "Networks") -- experience that will prove relevant to the first of three focus points for Nokia going forward. Besides expanding its Networks business, Nokia is also investing in its Here services for location and mapping, and Technologies, which will license out its existing patents and develop new tech. Nokia is forming a whole new executive structure with other executive moves, as interim CEO Risto Siilasmaa goes back to his role as solely Chairman of the Board of Directors and Michael Halbherr takes over as CEO of Here. Now that the sale of "substantially all" of its Devices & Services business to Microsoft is complete, the remaining portions of Nokia will focus on broader problems for the telecom industry.





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Source: Nokia, Nokia (YouTube)


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