Nokia names Suri as CEO after Microsoft sale

2014-04-29 07:01
Nokia (Picture: AFP)

Nokia (Picture: AFP)

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Helsinki - Nokia says it has appointed Rajeev Suri to head the new company after it sold its ailing mobile phone unit to Microsoft last week.

The Indian born Suri, who has been with Nokia for almost 20 years and has led Nokia Solutions and Networks since 2009, will take over as Nokia CEO on 1 May.

The widely-expected appointment came as Nokia reorganises strategy to deal with the remaining networks, mapping and technology development and licenses.

Nokia completed the €5.44bn ($7.5bn) sale of its devices and services division and a license to a portfolio of patents to Microsoft on Friday.

Nokia was due to announce first-quarter earnings later on Tuesday.

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