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Report: Nokia Network and Solutions' Suri is being considered for Nokia's CEO post

Posted: , by Alan F.

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Report: Nokia Network and Solutions' Suri is being considered for Nokia's CEO post
With Microsoft closing in on its purchase of Nokia's Devices and Services division, the Finnish based OEM is in the market for a new CEO. According to those with knowledge of the process, the CEO of Nokia Network and Solutions, Rajeev Suri, is now being considered for the post. Former CEO Stephen Elop is moving to Microsoft to run the acquired Nokia pieces for Microsoft.

Nokia will probably name its new Chief Executive once the deal with Microsoft is completed. The company will be left with a networking gear division, a digital mapping business and a division focused on its patents. According to analyst Richard Windsor from Radio Free Mobile, Nokia Chairman Risto Siilasmaa will have to determine how important each of the three groups is to the company. If Siilasmaa decides to focus on the networks business, Suri will probably be given the nod to replace Elop. The Network and Solutions group was responsible for 94% of Nokia's Q3 revenues after subtracting the phone business, which might give Suri a leg up on the competition.

"Nokia selling its phone business is a historic move and crafting its future strategy and picking its next leader will be critical for its future success. The board has one chance to get this right."-said Mika Heikkinen, money manager, FIM Asset Management

Siilasmaa might feel less inclined to go outside Nokia to fill the position, considering what happened during Elop's reign. The latter joined Nokia from Microsoft and over the three years that he ran the company, Nokia's stock was cut in half while the handset business was just beginning to gain some traction with the momentum that Windows Phone picked up last year. Another insider being considered for the CEO position is Nokia's current Finance chief Finance Chief Timo Ihamuotila.

source: Bloomberg

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posted on 17 Jan 2014, 13:39 4

1. megaSUNNY (Posts: 87; Member since: 26 Jun 2012)

This step should have been taken years ago.
And should have kicked the person who made the company into shattered pieces...

posted on 17 Jan 2014, 14:09

5. SandraB (banned) (Posts: 75; Member since: 07 Aug 2013)

We gave the company to microsoft.

We are really smart at nokia. NOT.

posted on 17 Jan 2014, 14:21 1

7. Extradite (banned) (Posts: 316; Member since: 30 Dec 2013)

We really hate that pathetic Stephen eflop

We Nokia do not like this

We regret by not merging with Android

posted on 17 Jan 2014, 17:15 1

10. rodneyej1 (Posts: 3576; Member since: 06 Jul 2013)

Tears forever...

posted on 17 Jan 2014, 14:19 5

6. nokia12 (Posts: 582; Member since: 19 Nov 2013)

I would love to see suri as CEO being an Indian.. if he becomes the ceo I am sure we will have Nokia producing Android phones in 2016... call me biased but we Indians have a very strong attachment with Nokia... Nokia used to be more like a national glory for us despite being an outsider.. sadly eflop and ms moles killed it.. :( ..

posted on 17 Jan 2014, 14:28 1

8. Aplusk (Posts: 120; Member since: 10 Nov 2013)

you are right man & thumbs up for expressing our feeling towards it.

posted on 17 Jan 2014, 13:40 2

2. corporateJP (Posts: 2458; Member since: 28 Nov 2009)

"The board has one chance to get this right."

That worked out great for them last time around.

posted on 17 Jan 2014, 13:47

3. megaSUNNY (Posts: 87; Member since: 26 Jun 2012)

What is that chance?

posted on 17 Jan 2014, 13:57 2

4. ZeroCide (Posts: 785; Member since: 09 Jan 2013)

I think Siri would make a better CEO for Nokia :)

posted on 17 Jan 2014, 14:29

9. Aplusk (Posts: 120; Member since: 10 Nov 2013)

Rajeev suri.

posted on 17 Jan 2014, 18:52

11. snowgator (Posts: 3604; Member since: 19 Jan 2011)

Don't worry ZeroCide... I got it.

We love a good pun on the old PA boards....

posted on 17 Jan 2014, 20:20

12. CEMIII (Posts: 110; Member since: 26 Jun 2013)

Man I don't get you Droid fan boys. Nokia dropped of the planet & their neich was to use an OS that wasn't already flooding the market. (IE: Apple & Android) They chose MS cause it has great potential as we all see now. Every one I know the has a device loves it. The only drawback in my opinion is you can't personalize you home screen like a droid but neither can Apple. & the live tiles are better than Apple & Droid.
Hell their own mobile os Symbian was failing.
Y'all are hatin on them now but truth be told Nokia is back on top because they chose a platform that could make them money & not have to pay out to use it.
F*@kin whatever manufacture is using Android is paying out the ASS to MS just to make devices.
Hell even Samsung has their own OS they want to start pushing because they know Android is costing them money & could eventually fail because of it Just look at the position HTC is in now.
You clowns don't realize that they can now produce a Android device cause they are tied in with the people who hold the keys; give it time & it will come. In the mean time they need to change up just like every other company.
If I were them I place a person in charge for each global market. India, China, Europe & so on. Make their products gain some traction & a strong foot hold.
Stop ur whining cause you want a Nokia device & don't want a MS platform. Sit down & wait for it just like we all did when Apple came out with their 4S or Samsung came out with their S3 & MS had nada. Your time will come again.
Geeze such cry babies

posted on 18 Jan 2014, 12:29

14. mmmanuuu (Posts: 403; Member since: 05 Nov 2013)

I "WISH" at the last moment of signing and closing their deal with MS guy what if the guy from NOKIA showes a middle finger and says GO FU@K YOURSELF MS !!!! GET A LIFE!!!! WE ARE NOT FOR SALE!!!!
Just a wish guys. Who else would like to see that holy middle finger of awesomeness?

posted on 20 Jan 2014, 11:14

15. 7thspaceman (Posts: 1584; Member since: 14 Feb 2011)

it is glad to see Nokia is not dead. With the Billions it got from Microsoft in the future it could even return to sell smart phones but would have to rebuild a new Nokia special staff to do that. I do not know if they have the desire to return to the smart phone business. the Normandy OS may be used for Nokia's return to smart phones in the future if Microsoft does not have the rights to that OS

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