To Sura Rajiv (Rajeev Suri)

To Sura Rajiv (Rajeev Suri)

Biography

2020: Resignation from the post of general director of Nokia

On March 2, 2020, Nokia announced the dismissal of CEO Rajiv Suri.

2021: Appointment as CEO of Inmarsat

On February 24, 2021, satellite operator Inmarsat announced the appointment of former |Nokia President and CEO Rajiv Suri as its new chief executive officer. Previously, Rupert Pierce held this position.

According to Inmarsat, Suri will take office on March 1, 2021. Suri will also take a seat on the board of directors of Connect Bidco, Inmarsat's parent company. Rupert Pierce, who has been the company's chief executive since January 2012, will step down on Feb 28.

After leaving Nokia, Suri worked as an adviser to private investment companies Warburg Pincus and Apollo Global Management.

I am very happy to join Inmarsat and work closely with such qualified people at such an important moment for the company and the satellite communications industry as a whole, "Suri said in a statement, describing Inmarsat as a company that has achieved technological leadership in the satellite communications industry based on a unique consumer understanding.

Inmarsat in its statement did not talk about why it was changing leaders, instead the company praised Suri and Pierce for their services.

Rajiv's experience will support the future growth of Inmarsat, and we hope that the business will successfully move to another capable leader, "said Inmarsat Chairman Andrew Sukavati in a statement.

Pierce, Sukawati added, "was an excellent and visionary leader," noting that Pierce would remain in the role of consultant for an indefinite "transition period."

Pierce noted that Inmarsat has established itself as a world leader in space technology, and it was a great honor for him to work with such a dedicated and talented group of people.

During Pierce's tenure as chief executive, Inmarsat increasingly focused on broadband services through the Global Xpress series of satellites. Despite the impact of the COVID-19 pandemic, the companies, according to Pierce, still managed to maintain profitability, with the exception of the company's aviation communications business, in which revenue fell sharply, due to a drop in passenger traffic of commercial airlines at the beginning of the pandemic.^[1]

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