NII Holdings Inc. announced it has appointed Juan R. Figuereo as executive vice president and chief financial officer, effective October 17, 2012. Mr. Figuereo will replace Gokul Hemmady, who was recently named as the company's chief operating officer. Mr. Figuereo will report to Steve Dussek, the company's chief executive officer, and will be responsible for leading the company's finance organization.

Mr. Figuereo was most recently executive vice president and chief financial officer at Newell Rubbermaid Inc. Prior to joining Newell Rubbermaid, Mr. Figuereo served as chief financial officer of Cott Corporation, where he helped accomplish a successful turnaround of the business, which included gross margin expansion, operating costs reductions and a significant capital structure overhaul.