Nokia Reorg Actually "Job Rotation"

Nokia describes the management overhaul it’s undertaking as a common “job rotation,” but coming as it does after its lousy third-quarter financial performance and a worrisome decline in smartphone market share, it seems perhaps just a little bit more. This morning the Finnish mobile phone giant tapped Rick Simonson, currently its chief financial officer, as head of its handset division. And the company named Timo Ihamuotila, currently global head of sales, CFO.
51X00X3ZKSL._SL500_AA240_

Nokia Reorg Actually “Job Rotation”

Nokia describes the management overhaul it’s undertaking as a common “job rotation,” but coming as it does after its lousy third-quarter financial performance and a worrisome decline in smartphone market share, it seems perhaps just a little bit more. This morning the Finnish mobile phone giant tapped Rick Simonson, currently its chief financial officer, as head of its handset division. And the company named Timo Ihamuotila, currently global head of sales, CFO.
51X00X3ZKSL._SL500_AA240_