Telecom equipment maker Nokia Siemens Networks announced the departure of its chief financial officer Marco Schroeter, a close confidant of a Siemens executive who criticized the joint venture's massive job cuts in Germany.
Schroeter was known to be close to Siemens CFO Joe Kaeser, who was quoted in a German paper last year as saying that NSN should have talked to German labor leaders before cutting jobs there.
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NSN gave no reason for the departure, effective immediately, except to say it was part of a company transformation. It appointed chief operating officer Samih Elhage as successor.
Officials at the joint venture owners, Siemens and Finland's Nokia , were not immediately available for comment. NSN is led by Rajeev Suri in Finland.
The equipment maker has shown signs of a turnaround in recent quarters, helped by a massive restructuring drive last year that cut around 20,500 out of 74,000 jobs.
Nokia and Siemens have been looking to exit the joint venture through a buyout or public offering. Analysts expect a decision in the next few months.
Elhage joined NSN in March 2012, and has experience in private equity and management consulting, NSN said.
(Reporting by Jens Hack; Writing by Ritsuko Ando; Editing by David Cowell)