Meet Nokia's Prospective CEO: Rajeev Suri

by CXOtoday News Desk    Apr 25, 2014

rajeevsuri

After Satya Nadella heading Microsoft, another Indian-born is likely to hold the CEO’s position at the multinational, Nokia. He’s none other than Rajeev Suri, whose name as the prospective CEO of Nokia did rise in the past but nothing was confirmed so far.

However, now it is more or less confirmed, with Finnish newspaper Helsingin Sanomat reporting that Nokia, which is set to close the sale of its phone business to Microsoft, is likely to name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business.

Suri, who was appointed as the CEO of Nokia Siemens Networks in 2009 was always considered to be the leading candidate to succeed Stephen Elop, after the sale of its handset business to Microsoft. He has been with Nokia since 1995 and is currently heading the Nokia Solutions and networks division (NSN).

Sources say 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. It had been reported earlier that NSN, initially a joint venture between Nokia and Siemens, will account for about 89 percent of Nokia’s sales after the handset deal.

Prior to joining Nokia, Suri was heading group procurement, imports and special projects for Churchgate Group in Nigeria, national account manager for transmission and manager of strategic planning at ICL India and a production engineer at Calcom Electronics.

Born in 1967, Suri has a BE in electronics and telecommunications from the Manipal Institute of Technology, the same institute where Microsoft CEO Satya Nadella with a degree in electrical engineering that again makes him a non-IITan. He is reportedly a fitness enthusiast and spends considerable time in the gym during his leisure time.

Sources reveal while Suri seems to be the best choice Nokia as he very well familiar with the Finnish company, the question still remains whether he can set sail the company through the current period of transition.