Rajeev Suri

Rajeev Suri
Born 1967
Known for CEO, Nokia Siemens Networks

Rajeev Suri (born 1967) is the Chief Executive Officer (CEO) of Nokia Siemens Networks since October 1, 2009. He was Head of Services at Nokia Siemens Networks from August 2007 until September 2009.[1][2] Suri has turned around the troubled Finnish-German gearmaker. From job cuts to massive losses, the equipment maker has recorded profits for the last three consecutive quarters. Nokia Siemens Networks is the second-largest telecom gearmaker globally after Ericsson. Suri was also instrumental in moving Nokia Siemens Networks's services business to India in 2006 and this division now contributes close to 50% of the company's revenues.[3][4]

Contents

Biography

Born in 1967, Suri has a Bachelor of Engineering (Electronics and Telecommunications) from Mangalore University, India. In his spare time, Suri is a voracious reader, enjoys music, plays tennis and likes to explore new places and cultures with his family. Based in Espoo, Finland, he is married and has two children.[5][6][7][8]

Career

Suri worked with ICL in India and RPG Group in corporate business development for new ventures and strategic planning. He also worked for a large conglomerate in West Africa where he was heading their corporate commercial and international imports division.[7][8]

In 1995, Suri joined the Nokia group. Suri drove the transformation of Nokia Siemens Networks’ Services business. Under his leadership, Services saw its share of company revenue grow from under 33% to around 45%, and Professional Services grow at best-in-class levels in the industry.[7][8]

Suri oversaw the creation of a new Services hub in India and established an industry-first Global Service Delivery model, underpinned by automation and serving customers across the world from three Global Network Solutions Centers. Prior to heading Services, Suri was head of Nokia Siemens Networks Asia Pacific (April 2007 until November 2007). From 1995 to March 2007, Suri worked with Nokia Networks where he held a number of executive positions in Business Development, Marketing, Sales, and Strategy and was based in various locations including India, Finland, the United Kingdom and Singapore. Suri was responsible for a portfolio of Nokia’s infrastructure customers in Europe and key new growth markets. He transformed the global Nokia relationship with Hutchison group to bring it to a strong new level, and significantly expanded Nokia’s market share during his European assignments. Suri also delivered Nokia’s first third generation networks for Hutchison’s European operations. In addition, Suri was instrumental in negotiating large deals and successfully managing complex financial exposures.[7][8]

Job cuts

On November 23, 2011, Suri announced that the company planned to eliminate 17,000 jobs by the end of 2013 to enable Nokia Siemens to refocus on mobile broadband equipment, the fastest-growing segment of the market. The reductions will slash the company’s work force by 23 percent from its current level of 74,000. The cuts follow Nokia Siemens’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.[9]

References

  1. ^ "Nokia Siemens Networks appoints Rajeev Suri CEO". Wall Street Journal. Sept 1, 2009. http://www.marketwatch.com/story/nokia-siemens-networks-appoints-rajeev-suri-ceo-2009-09-01. Retrieved 2011-11-24. 
  2. ^ "Rajeev Suri named Nokia Siemens CEO". Live Mint. Sep 1, 2009. http://www.livemint.com/2009/09/01232340/Rajeev-Suri-named-Nokia-Siemen.html. Retrieved 2011-11-24. 
  3. ^ "We are number 1 gearmaker in India: Rajeev Suri, CEO, Nokia Siemens Networks". Economic Times. May 18, 2011. http://articles.economictimes.indiatimes.com/2011-05-18/news/29556118_1_nsn-nokia-siemens-networks-ceo-rajeev-suri. Retrieved 2011-11-24. 
  4. ^ Philip, Joji Thomas (Oct 5, 2010). "Turnaround has resulted in PE interest: Rajeev Suri, CEO, Nokia Siemens". Economic Times. http://articles.economictimes.indiatimes.com/2010-10-05/news/27621081_1_nsn-nokia-siemens-rajeev-suri. Retrieved 2011-12-02. 
  5. ^ "Rajeev Suri". http://www.itu.int/tlc/WORLD2009/forum/participants/submissions/auth/19117/bio_19117.doc. Retrieved 2011-11-24. 
  6. ^ "Bloomberg Businessweek - Rajeev Suri". http://investing.businessweek.com/research/stocks/people/person.asp?personId=36512578&ticker=SIE:GR&previousCapId=766444&previousTitle=Nokia%20Networks%2C%20Inc.. Retrieved 2011-12-02. 
  7. ^ a b c d "Chief Executive Officer". Nokia Siemens Networks. http://www.nokiasiemensnetworks.com/news-events/press-room/collateral/executive-management-team/chief-executive-officer. Retrieved 2011-11-24. 
  8. ^ a b c d "Rajeev Suri appointed Chief Executive Officer of Nokia Siemens Networks; Simon Beresford-Wylie to step down after successfully leading the company's integration". Nokia Siemens Networks. September 1, 2009. http://www.nokiasiemensnetworks.com/news-events/press-room/press-releases/rajeev-suri-appointed-chief-executive-officer-of-nokia-siemens. Retrieved 2011-11-24. 
  9. ^ O’BRIEN, KEVIN J. (November 23, 2011). "Nokia Siemens to Cut 23 Percent of Work Force". New York Times. http://www.nytimes.com/2011/11/24/technology/nokia-siemens-to-cut-23-percent-of-work-force.html. Retrieved 2011-11-24. 

External links

"An interview with Rajeev Suri, CEO, Nokia Siemens Networks". Economic Times. May 18, 2011. http://articles.economictimes.indiatimes.com/2011-05-18/news/29556118_1_nsn-nokia-siemens-networks-ceo-rajeev-suri. Retrieved 2011-11-24.