Back to top
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Nokia Corporation (NOK) - $25 value - yours FREE >>
Motorola Solutions, Inc. (MSI) - $25 value - yours FREE >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Nokia Corporation (NOK) - $25 value - yours FREE >>
Motorola Solutions, Inc. (MSI) - $25 value - yours FREE >>
Image: Bigstock
Nokia's (NOK) Technology Division President to Step Down
Nokia Corporation (NOK - Free Report) announced that the President of Nokia Technologies, Ramzi Haidamus, will be resigning soon. Haidamus will also step down from his position in the company’s Group Leadership Team, effective Sep 1, 2016. Meanwhile, Nokia Technologies’ Strategy and Business Development Head, Brad Rodrigues, will assume the position of acting President. Haidamus will stay with Nokia till September-end to aid a smooth transition. Meanwhile, Nokia is on the lookout for a befitting successor to Haidamus’ position.
Nokia under Haidamus
Per Nokia’s President and Chief Executive Officer (CEO), Rajeev Suri, the company has seen growth and transformation under Haidamus’ management. During Haidamus’ tenure, Nokia’s patent licensing business improved significantly, mobile devices segment picked up with an agreement with HMD global Oy, growth in the digital media space with the launch of OZO virtual reality camera and the acquisition of Withings in the digital health market. Nokia has been working actively to expand its services in countries like China, Myanmar, Germany and Poland. Meanwhile, Haidamus regards his journey at Nokia as a rewarding one and intends to pursue opportunities in line with his passion to build and transform businesses.
Effective Sep 1, the Nokia Group Leadership team will comprise members namely, Rajeev Suri, Timo Ihamuotila, Samih Elhage, Federico Guillen, Basil Alwan, Bhaskar Gorti, Hans-Jurgen Bill, Kathrin Buvac, Ashish Chowdhary, Barry French, Marc Rouanne and Maria Varsellona.
NOKIA CP-ADR A Price
NOKIA CP-ADR A Price | NOKIA CP-ADR A Quote
Zacks Rank and Stocks to Consider
Nokia currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the wireless equipment industry include InterDigital Inc. (IDCC - Free Report) sporting a Zacks Rank #1 (Strong Buy) and Clearfield Inc (CLFD - Free Report) and Motorola Solutions Inc. (MSI - Free Report) , holding a Zacks Rank #2 (Buy).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>