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Nokia names Rajeev Suri as new CEO, gives extra dividend

29
Apr
2014

By Sakari Suoninen and Jussi Rosendahl HELSINKI (Reuters) – Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday, adding that it would return an extra 1 billion euros to shareholders from the sale of its phone unit. Suri, 46, until now led Nokia Solutions and Networks (NSN), the smaller network equipment unit of Nokia when the company still made mobile phones. Suri is credited with turning the unit around, and last year it contributed most of the 12.7 billion euro ($17.58 billion)turnover Nokia made from its continuing operations. “Rajeev is the right person to lead the company forward,” Nokia Chairman Risto Siilasmaa said in a statement.

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