Nokia right now introduced the deliberate management and organizational construction that it intends to implement after and topic to the profitable closing of the general public change supply for Alcatel-Lucent securities introduced on April 15, 2015. With this transaction, Nokia expects to create an innovation chief in subsequent era expertise and companies for an IP related world, and to place the mixed firm to create the muse of seamless connectivity for folks and issues wherever they’re.
“We are making very good progress on being ready to operate as a combined company when the proposed exchange offer closes,” stated Rajeev Suri, President and Chief Executive Officer of Nokia. “After a thorough selection process, I am pleased to announce the companys future organizational structure and exceptional leaders who will help chart the next steps in Nokias transformation.”
After the closing of the change supply, the Networks enterprise can be performed by way of 4 enterprise teams: Mobile Networks, Fixed Networks, Applications & Analytics and IP/Optical Networks. These enterprise teams would supply an end-to-end portfolio of merchandise, software program and companies to allow the mixed firm to ship the subsequent era of main networks options and companies to prospects. Alongside these, Nokia Technologies would proceed to function as a separate enterprise group. Each enterprise group would have strategic, operational and monetary accountability for its portfolio and can be totally accountable for assembly its targets. The 4 Networks enterprise teams would have a typical Integration and Transformation Office to drive synergies and to steer integration actions. The enterprise group leaders would report on to Nokias President and Chief Executive Officer:
Mobile Networks (MN) would come with Nokias and Alcatel-Lucents complete Radio portfolios and most of their converged Core community portfolios together with IMS/VoLTE and Subscriber Data Management, in addition to the related cell networks-related Global Services enterprise. This unit would additionally embody Alcatel-Lucents Microwave enterprise and all the mixed companys end-to-end Managed Services enterprise. Through the mixture of those belongings, Mobile Networks would supply main end-to-end cell networks options for current and new platforms, in addition to a full suite {of professional} companies and product-attached companies. The designated President of Mobile Networks can be Samih Elhage, who at the moment serves as Executive Vice President and Chief Financial and Operating Officer, Nokia Networks.
Fixed Networks (FN) would comprise the present Alcatel-Lucent Fixed Networks enterprise, whose cutting-edge innovation and market place can be additional supported by way of sturdy collaboration with the opposite enterprise teams. This enterprise group would supply copper and fiber entry merchandise and companies to supply prospects ultra-broadband end-to-end options to rework their networks, deploying fiber to essentially the most economical level. The designated President of Fixed Networks can be Federico Guilln, who at the moment serves as President of Fixed Networks, Alcatel-Lucent.
Applications & Analytics (A&A) would mix the Software and Data Analytics-related operations of each firms. This complete purposes portfolio would come with Customer Experience Management, OSS as distinct from community administration reminiscent of service fulfilment and assurance, Policy and Charging, companies, Cloud Stacks, administration and orchestration, communication and collaboration, Security Solutions, community intelligence and analytics, gadget administration and Internet of Things connectivity administration platforms. CloudBand would even be housed on this enterprise group, which might drive innovation to satisfy the wants of a convergent, Cloud-centric future. The designated President of Applications & Analytics can be Bhaskar Gorti, who at the moment serves as President of IP Platforms, Alcatel-Lucent.
IP/Optical Networks (ION) would mix the present Alcatel-Lucent IP Routing, Optical Transport and IP video companies, in addition to the software program outlined networking (SDN) start-up, Nuage, plus Nokias IP accomplice and Packet Core portfolio. IP/Optical Networks would proceed to drive Alcatel-Lucents expertise management, constructing giant scale IP/Optical infrastructures for each service suppliers and, more and more, web-scale and tech-centric enterprise prospects. The designated President of IP/Optical Networks can be Basil Alwan, who at the moment serves as President of IP Routing and Transport, Alcatel-Lucent.
Nokia Technologies (TECH) would stay as a separate entity with a transparent give attention to licensing and the incubation of recent applied sciences. Nokia Technologies would proceed to have its personal innovation, product improvement and go-to-market operations. Ramzi Haidamus would proceed in his present position as President of Nokia Technologies.
Nokia expects to align its monetary reporting beneath two key areas: Nokia Technologies and the Networks enterprise. The Networks enterprise would comprise the enterprise teams of Mobile Networks, Fixed Networks, Applications & Analytics and IP/Optical Networks. Nokia additionally expects to offer selective monetary knowledge individually for every of the 4 Networks enterprise teams to make sure transparency for buyers over the efficiency of every of them. Nokia expects to announce additional particulars of the brand new monetary reporting construction after the closing of the change supply.
“Our goal is to position each business group for clear leadership in its particular market and to create a combined portfolio that provides the scope and scale our customers expect, underpinned by a strong focus on innovation, quality and superb execution,” defined Suri. “We aim for all our business groups to be innovation leaders, drawing on the combined companys unparalleled R&D capabilities to deliver leading products and services for our customers, and ultimately ensure the companys long-term value creation.”
The mixed firm is anticipated to have a typical gross sales group throughout the enterprise teams, besides for Nokia Technologies. In addition, efficient after the closing of the change supply, there can be six extra unit leaders throughout the mixed firm, who would report on to the President and CEO:
Timo Ihamuotila, at the moment Executive Vice President and Group Chief Financial Officer, Nokia, would function Chief Financial Officer (CFO). He can be accountable for all finance actions and would oversee efficient and systematic efficiency administration, exterior and inner reporting, and capital allocation processes. In addition, he can be accountable for investor relations, the execution of mergers & acquisitions and treasury.
Ashish Chowdhary, at the moment Chief Business Officer, Nokia Networks, would function Chief Customer Operations Officer(CCOO). He would lead the worldwide Customer Operations group, which might be accountable for buyer interactions and gross sales throughout all enterprise teams. Customer Operations can be organized by seven markets globally and act as the one interface for telecommunication and enterprise prospects throughout all merchandise and companies. Customer Operations would drive sturdy enterprise momentum throughout the enterprise teams and ship unparalleled customer support to place Nokia because the worlds main telecom vendor.
Marc Rouanne, at the moment Executive Vice President, Mobile Broadband, Nokia Networks, would function Chief Innovation & Operating Officer (CIOO). He would have two main roles: innovation and operations, and all actions impacting operative transversal features can be housed on this unit. He would drive cutting-edge innovation at web pace all through Nokia, utilizing the ability of Bell Labs and FutureWorks to form Nokias imaginative and prescient throughout the enterprise teams. The CIOO would additionally drive the mixed companys digital agenda by way of IT and Cloud with the intention to create an agile and collaborative surroundings for the companys world class engineers. He would handle high quality, info safety, manufacturing and provide chain operations, in addition to models like actual property, knowledge facilities and laboratories. The CIOO can be accountable for world procurement, the end-to-end transformation and integration of the mixed firm, and would work with the CFO to drive efficiency administration throughout the corporate.
Hans-Jrgen Bill, at the moment Executive Vice President, Human Resources, Nokia, would function Chief Human Resources Officer (CHRO). He can be accountable for management and expertise improvement, recruitment and all human sources pointers, in addition to compensation and advantages insurance policies for the corporate. Human Resources would play an important position in growing a various, worldwide surroundings and entrepreneurial spirit throughout the mixed firm.
Kathrin Buvac, at the moment Vice President, Corporate Strategy, Nokia Networks, would function Chief Strategy Officer (CSO). She can be accountable for setting Nokias company technique and long-term strategic course, market and competitor intelligence, company improvement – together with the prioritization of M&A targets throughout the corporate, along side the CFO – and strategic partnerships at group degree. She would additionally steer and combine the enterprise group technique and enterprise improvement groups, in addition to the CIOO innovation staff, to make sure constant execution of the companys technique. In line with our imaginative and prescient of the Programmable World, she would additionally oversee Nokias technique for the Internet of Things.
Barry French, at the moment Chief Marketing Officer and Executive Vice President, Marketing and Corporate Affairs, Nokia, would function Chief Marketing Officer (CMO) and would oversee the Marketing & Corporate Affairs unit. The duties of the unit would come with regional and company advertising, inner and exterior communications, authorities relations, company social accountability, worker well being and security, and custodianship and administration of the Nokia model. He would additionally set the general course for the enterprise teams product advertising.
Maria Varsellona, at the moment Executive Vice President and Chief Legal Officer, Nokia, would function Chief Legal Officer(CLO). She can be accountable for overseeing and managing all authorized, contracting, company governance, ethics and compliance issues throughout Nokia globally, in addition to advising the President and CEO, Board of Directors and officers of the corporate in relation to such issues.
The proposed adjustments would solely be carried out after the profitable closing of the general public change supply* and be topic to the completion of the related works council session procedures.
As introduced yesterday, Alcatel-Lucent is to proceed to function its undersea cables enterprise, Alcatel-Lucent Submarine Networks (ASN), as a wholly-owned subsidiary. Nokia expects to function ASN as a separate entity.
As beforehand introduced, Nokia has agreed to promote HERE, its mapping and location companies enterprise, to a consortium of main German automotive firms. HERE will proceed to function as a enterprise of Nokia till the sale is accomplished, however shouldn’t be included within the deliberate future organizational construction of Nokia. The sale of HERE is anticipated to shut within the first quarter of 2016, and Nokia plans to report HERE as a discontinued operation from the third quarter of 2015 onwards.
* Nokia holding greater than 50.00% of the share capital of Alcatel-Lucent on a completely diluted foundation.
ABOUT NOKIA
By specializing in the human prospects of expertise, Nokia embraces the related world to assist folks thrive. Our three companies are leaders of their fields: Nokia Networks gives broadband infrastructure, software program and companies; HERE gives mapping, navigation and location intelligence; and Nokia Technologies gives superior expertise improvement and licensing. http://www.nokia.com
ABOUT ALCATEL-LUCENT
Alcatel-Lucent is the main IP networking, ultra-broadband entry and cloud expertise specialist. We are devoted to creating world communications extra modern, sustainable and accessible for folks, companies and governments worldwide. Our mission is to invent and ship trusted networks to assist our prospects unleash their worth. Every success has its community.
For extra info, go to Alcatel-Lucent on: http://www.alcatel-lucent.com, learn the most recent posts on the Alcatel-Lucent weblog http://www.alcatel-lucent.com/blog and comply with the Company on Twitter: http://twitter.com/Alcatel_Lucent.
,
