Rajeev Suri

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Rajeev Suri
Born (1967-10-10) 10 October 1967 (age 51)
ResidenceEspoo, Finland
NationalityIndian–Singaporean
Alma materManipal Institute of Technology
(B.E.)
OccupationCEO of Nokia Corporation
EmployerNokia Corporation
Home townNew Delhi
Spouse(s)
Nina Suri (m. 1992)
Children2

Rajeev Suri (born 10 October 1967) is an Indian–Singaporean business executive and the CEO of Nokia.[1][2] Before the current assignment in May 2016, he was the CEO of Nokia Solutions and Networks from 2015 and held various positions in Nokia since 1995.[3][4] Suri became the CEO of Nokia when the sale of Nokia's phone division to Microsoft Mobile was completed, replacing Stephen Elop. He is an alumnus of Manipal Academy of Higher Education.

Early life[edit]

Rajeev Suri was born on 10 October 1967 in New Delhi, India. He is a Singaporean citizen and is based in Espoo, Finland. Rajeev Suri has a Bachelor's of Engineering (Electronics and Communications) from Manipal Institute of Technology.[5]

Career[edit]

In his more than 20 years of international experience, Rajeev has worked in roles comprising strategy and M&A, product marketing, sales, major account leadership, regional and business unit leadership and has lived in Middle East, Asia, Africa and Europe. He worked for multinational corporations in India and Nigeria before joining Nokia in 1995.[6]

Suri followed Simon Beresford-Wylie as the CEO of NSN in October 2009 after Nokia Networks and Siemens Networks had been merged. He is considered a 'turnaround specialist' in the global tech circles.

On 23 November 2011, Suri announced that the company planned to eliminate 17,000 jobs by the end of 2013 to enable NSN to refocus on mobile broadband equipment, the fastest-growing segment of the market. The reductions would slash the company's work force by 23 percent from 74,000. The cuts followed NSN's $1.2 billion purchase of Motorola's mobile network equipment business in July 2010, which added staff; and would help the company trim annual operating expenses by $1.35 billion by the end of 2013.[7]

On 29 April 2014, Suri was appointed as the CEO of Nokia.[2] This was after Nokia had bought back full control of NSN and sold Nokia's phone division to Microsoft Mobile. Suri is the second non-Finnish CEO of Nokia after Stephen Elop.

Suri is one of those rare top corporate executives who have achieved heights without pursuing any MBA/PG degree.[8][9]

Personal life[edit]

Rajeev is based in London.[10][11][12][13] Suri is married to Nina Alag Suri, an entrepreneur, and has two sons.[14]

References[edit]

  1. ^ "Nokia: India-born Rajeev Suri tipped to become next global CEO - Moneycontrol.com". moneycontrol.com.
  2. ^ a b "Meet Rajeev Suri, the new Chief Executive Officer of Nokia". IANS. Biharprabha News. 30 April 2014.
  3. ^ "With Microsoft Deal Done, Nokia Names Rajeev Suri CEO, $6.9 Billion in Buybacks, Dividends and Debt Cuts". Recode. 28 April 2014.
  4. ^ "Nokia Siemens Networks appoints Rajeev Suri CEO". MarketWatch. 1 September 2015.
  5. ^ "Nokia Solutions and Networks - Rajeev Suri Biography". Archived from the original on 1 July 2014.
  6. ^ "Nokia Group Leadership Team". Nokia. Archived from the original on 1 May 2014. Retrieved 4 May 2014.
  7. ^ O'Brien, Kevin J. (23 November 2011). "Nokia Siemens to Cut 23 Percent of Work Force". New York Times. Retrieved 24 November 2011.
  8. ^ "We are number 1 gearmaker in India: Rajeev Suri, CEO, Nokia Siemens Networks". Economic Times. 18 May 2011. Retrieved 24 November 2011.
  9. ^ Philip, Joji Thomas (5 October 2010). "Turnaround has resulted in PE interest: Rajeev Suri, CEO, Nokia Siemens". The Economic Times.
  10. ^ "Rajeev Suri". Retrieved 24 November 2011.
  11. ^ "Bloomberg Businessweek - Rajeev Suri". Bloomberg Businessweek. Retrieved 31 May 2019.
  12. ^ "Chief Executive Officer". Nokia Siemens Networks. Retrieved 24 November 2011.
  13. ^ "Open Innovations - Rajeev Suri". Archived from the original on 5 January 2014.
  14. ^ "Meet Nokia's new CEO Rajeev Suri's wife, Nina Alag Suri, a global entrepreneur". The Economic Times. 4 May 2014.
Business positions
Preceded by
Risto Siilasmaa
as interim CEO
Nokia Corporation CEO
2014–
Incumbent
Preceded by
Simon Beresford-Wylie
Nokia Solutions and Networks CEO
2009–
Incumbent