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Nokia names Rajeev Suri as new CEO as sales drop

2014-04-29 12:56:04| InfoWorld: Top News

Nokia has named the head of its networks division, Rajeev Suri, as its new CEO from May 1. He will take over from company chairman Risto Siilasmaa, who has been serving as acting CEO. On Tuesday it also reported a profit for its continuing operations, but a drop in sales and an overall loss for the first quarter. Nokia retains its networking equipment unit, the Here mapping business, and its patent portfolio following completion of the sale of its Devices & Services business to Microsoft on Friday.

Tags: sales names drop nokia

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