logo
Plus   Neg
Share
Email

Nokia Announces Organizational Changes; Names Monika Maurer Group COO

Nokia (NOK) announced changes in its organizational structure, which include the separation of the company's current Mobile Networks business group into two distinct, but closely linked, organizations: one focused on products and solutions, called Mobile Networks, and the other on services, called Global Services. The company's Chief Innovation and Operating Officer organization will be split, with its current operating activities moved to a newly-appointed Chief Operating Officer organization, innovation activities to Nokia's Chief Technology Officer and incubation to Nokia's Chief Strategy Officer.

Nokia also announced changes in its Group Leadership Team (GLT), effective from April 1, 2017. Monika Maurer, currently Chief Operating Officer of Fixed Networks, will assume the position of Group COO. Samih Elhage has decided to leave the company to pursue new opportunities.

Marc Rouanne, currently Chief Innovation and Operating Officer, will become President of the Mobile Networks business group. Igor Leprince, currently Executive Vice President of Global Services, will take the role of President of Global Services.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT