With the recent announcement of Nokia’s Q1 2012 financial result losses of €1.3 billion, the company has made another announcement that Colin Giles, executive vice president of sales and a member of the Nokia Leadership Team, will step down from his position. With Giles departure, the company will restructure the sales organization by reducing a layer of sales management to ensure greater customer focus and providing senior leaders greater visibility into market dynamics. Effective immediately, Nokia’s four regional senior vice presidents and the lead of sales operations will report directly to Niklas Savander, executive vice president of markets. The regional senior vice presidents include Chris Weber for the Americas; Shiv Shivakumar for India, Middle East and Africa; Olivier Puech for Asia Pacific and Victor Saeijs for Europe and Eurasia. Giles joined Nokia in 1992 and has served in a number of marketing and sales roles across the company. Giles was instrumental in building Nokia’s presence in Asia and China and expanded Nokia’s sales and marketing efforts in many regions around the world. Most recently he led the global sales organization during Nokia’s transition. Colin will stay with Nokia until June 30, 2012, to help establish the new structure. Nokia said in a prepared statement: “Colin’s leadership has been very valuable as we shifted Nokia’s strategy and aligned the sales organization around our new product families, Lumia and Asha,” said Stephen Elop, president and CEO. “We appreciate the commitment that Colin has demonstrated to Nokia over the years, and we wish him much success as he takes the next step in his career.”
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