Rajeev Suri

Singaporean business executive (born 1967)

Nina Suri
(m. 1992)
Children2

Rajeev Suri (born 10 October 1967) is an Indian born Singaporean business executive. He has been the CEO of Inmarsat since February 2021.[3] Earlier, Suri was the CEO of Nokia (until 31 July 2020).[4][5] Before being appointed to this position in May 2014, he was the CEO of Nokia Solutions and Networks (from 2009). Prior to that, he held various positions within Nokia from 1995.[6][7] Suri became the CEO of Nokia when the sale of Nokia's phone division to Microsoft Mobile was completed. He replaced Stephen Elop.

Early life

Rajeev Suri was born on 10 October 1967 in New Delhi, India, and was raised in Kuwait. He is a Singaporean citizen. Suri has a bachelor of engineering degree (electronics and communications) from Manipal Institute of Technology, which was then affiliated to Mangalore University.[1][8]

Career

In his more than 20 years of international experience, Rajeev has worked in roles involving strategy and M&A, product marketing, sales, major account leadership, and regional and business unit leadership. He has lived in the Middle East, Asia, Africa, and Europe. He worked for multinational corporations in India and Nigeria before joining Nokia in 1995.[9]

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

In 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 slashed the company's work force by 23% 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 helped the company trim annual operating expenses by $1.35 billion by the end of 2013.[10]

In April 2014, Suri was appointed as the CEO of Nokia.[5] This was after Nokia had bought back full control of NSN and sold Nokia's phone division to Microsoft Mobile. Suri was the second non-Finnish CEO of Nokia after Stephen Elop.

In March 2020, it was announced that Suri would step down as CEO of Nokia.[11][12] He was replaced by Pekka Lundmark in August 2020.[13]

On 24 February 2021, Suri was appointed as the CEO of Inmarsat, replacing Rupert Pearce.[3]

Personal life

Suri is based in Singapore and London.[14][15][16][17] He is married to Nina Alag Suri, a businesswoman and the founder and CEO of Singaporean startup X0pa.ai.[18] They have two sons: Ankit and Anish.[citation needed][19]

References

  1. ^ a b "Nokia Solutions and Networks - Rajeev Suri Biography". Archived from the original on 1 July 2014.
  2. ^ "The Suri code of success". Retrieved 22 October 2019.
  3. ^ a b "Inmarsat hires Nokia executive as new CEO". SpaceNews. 24 February 2021.
  4. ^ "Nokia: India-born Rajeev Suri tipped to become next global CEO - Moneycontrol.com". moneycontrol.com. 15 March 2014.
  5. ^ a b "Meet Rajeev Suri, the new Chief Executive Officer of Nokia". IANS. Biharprabha News. 30 April 2014.
  6. ^ "With Microsoft Deal Done, Nokia Names Rajeev Suri CEO, $6.9 Billion in Buybacks, Dividends and Debt Cuts". Recode. 28 April 2014.
  7. ^ "Nokia Siemens Networks appoints Rajeev Suri CEO". MarketWatch. 1 September 2015.
  8. ^ "Ambassador Shringla Encourages Indian American Youngsters to Study in India, Contribute to Projected $10 Trillion Economy". Retrieved 22 October 2019.
  9. ^ "Nokia Group Leadership Team". Nokia. Archived from the original on 1 May 2014. Retrieved 4 May 2014.
  10. ^ O'Brien, Kevin J. (23 November 2011). "Nokia Siemens to Cut 23 Percent of Work Force". New York Times. Retrieved 24 November 2011.
  11. ^ "Pekka Lundmark appointed President and CEO of Nokia; Rajeev Suri to step down after more than a decade as President and CEO of Nokia and Nokia Siemens Networks". Nokia. Nokia Corporation. Retrieved 2 March 2020.
  12. ^ Singh, Manish (2 March 2020). "Rajeev Suri to step down as Nokia CEO; Pekka Lundmark to take over". TechCrunch. Retrieved 2 March 2020.
  13. ^ "Nokia Replacing CEO Suri After Struggling to Make Headway in 5G". Bloomberg.com. 2 March 2020. Retrieved 3 March 2020.
  14. ^ "Rajeev Suri". Retrieved 24 November 2011.
  15. ^ "Bloomberg Businessweek - Rajeev Suri". Bloomberg Businessweek. Retrieved 31 May 2019.
  16. ^ "Chief Executive Officer". Nokia Siemens Networks. Retrieved 24 November 2011.
  17. ^ "Open Innovations - Rajeev Suri". Archived from the original on 5 January 2014.
  18. ^ "About Us - X0PA AI, The Leading Hiring & Talent Acquisition Platform".
  19. ^ Duttagupta, Ishani (2014). "Meet Nokia's new CEO Rajeev Suri's wife, Nina Alag Suri, a global entrepreneur". The Economics Times.
Business positions
Preceded byas interim CEO Nokia Corporation CEO
2014–2020
Succeeded by
Preceded by Nokia Solutions and Networks CEO
2009–2020
Succeeded by


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