Nokia Appoints Former Ericsson Executive To Lead New Strategy

Kabar Medsos – Nokia on Thursday named rival Ericsson’s [ERICb.ST] former executive Nishant Batra as chief strategy and technology officer and member of its group leadership team, effective Jan. 18. Chief Executive Officer Pekka Lundmark announced a new structure for Nokia in October which from Jan. 1 will have 11 members in the leadership team rather than 17. Marcus Weldon, Nokia’s previous technology chief, stepped down late last month. Under its new strategy, the Finnish company will give up on its longstanding end-to-end portfolio approach and operate under four business…

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