COPENHAGEN (Reuters) - Telecom equipment maker Nokia Siemens Networks
Schroeter was known to be close to Siemens
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
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)