Nokia Calls on Microsoft's Elop to Turn Things Around

With Nokia’s dominant position among handset makers starting to melt in the face of Apple and Android advances and investors getting restive, a shake-up seemed inevitable, and today the company made a move that was expected in one way and surprising in another. CEO Olli-Pekka Kallasvuo is out after a four-year run, but as his replacement, the Finnish company named not only an outsider, but a foreigner: Stephen Elop, well-respected president of Microsoft’s business division, which includes the Office franchise. Elop takes charge on Sept. 21.