Author: Matthew Nelson|| Date Published: February 25, 2021
Rajeev Suri, former president and CEO of telecommunication firm Nokia, will officially join Inmarsat on March 1 as its new chief executive.
He will succeed Rupert Pearce, who has led Inmarsat for more than nine years and will leave the company at the end of this month after a 16-year career, the satellite operator said Wednesday.
Suri will be based in the U.K. and will also serve as a director at the satellite communications firm’s parent organization Connect Bidco.
Under his leadership, Nokia saw its revenue double to $28 billion during 2019 and increased its non-International Financial Reporting Standards operating profit from approximately $34 million in 2009 to more than $2 billion one decade later.
The mobile company repurchased about $10.35 billion worth of shares during Suri’s tenure at the helm.
He previously led a Nokia-Siemens joint venture for five years and has worked as a senior adviser at investment companies Warburg Pincus and Apollo Global Management since August of last year.
Inmarsat offers satcom services to the U.S. market through its Reston, Virginia-based government subsidiary.
Kris Levin-Snow, area vice president within AT&T‘s national security group, will now oversee the company’s defense industrial base portfolio in addition…
Rocket Lab has signed a definitive agreement to acquire California-based Motiv Space Systems, adding space robotics and precision spacecraft mechanism…
Sonny Bhagowalia, assistant commissioner for information and technology and chief information officer at U.S. Customs and Border Protection, has received…
NextPoint Group expands intelligence-focused capabilities with UScontracting acquisition by adding expertise in cybersecurity, signals intelligence and data analysis for national…
