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Nokia names new CEO

Apr 29, 2014, 10:18 AM EDT
ODD ANDERSEN/AFP/Getty Images

Rajeev Suri has been named CEO of Nokia, and has been charged with taking helm of the Finnish phone maker's turnaround. He has said that Nokia is now in a position to make small acquisitions with its pocket money from the sale of its handset business to Microsoft.

Background:

New Era Dawns at Nokia as Company Appoints CEO [Wall Street Journal]

Manipal Institute of Technology on high after Rajeev Suri appointed head of Nokia [Business Standard]