Olli-Pekka Kallasvuo


Simply put, Kallasvuo runs the world's largest mobile phone maker (with roughly a 40 percent share) and one of the top few tech companies in Europe. He joined Nokia in 1980 as corporate counsel, ran Nokia Americas, was CFO, COO and was in charge of the company's mobile phone products. Prior to joining Nokia, he held a variety of positions with the Union Bank of Finland.

Posts With Olli-Pekka Kallasvuo

Former Nokia CEO Resurfaces at Set-Top-Box Software Company

Swedish TV software company Zenterio names Olli-Pekka Kallasvuo chairman.


Nokia Pays Elop More Than $6 Million to Join

Nokia Corp. will pay its new chief executive, Stephen Elop, a more than $6 million signing bonus for joining the world’s largest handset maker, according to documents filed Friday.

Could Nokia's Miracle Be Microsoft?

Now that Nokia has a new CEO, should it adopt a new smartphone strategy as well? There are strong arguments on both sides. On the one hand, Nokia has put an awful lot of money and effort into Symbian^3 and MeeGo, the mobile operating systems with which it hopes to regain high-end leadership in the industry. On the other, the person who defined that strategy, former CEO Olli-Pekka Kallasvuo, was ousted last September after an ugly 70 percent decline in Nokia’s market value.

Exclusive: High-Profile Hires for Palm–Nokia’s Ari Jaaksi and Samsung’s Victoria Coleman

Earlier this month, Ari Jaaksi resigned as head of Nokia’s MeeGo division, citing “personal reasons” as the cause for his departure. Turns out “personal reasons” was actually a euphemism for “I’m joining Palm.” Sources close to the company tell me that Jaaksi has been hired on as senior vice president of webOS at Hewlett-Packard’s Palm division.

Nokia’s Ari Jaaksi: MeeGo Home Now

The senior executive exodus at Nokia continues. Ari Jaaksi has resigned as head of the company’s MeeGo division, leaving Nokia as it prepares to launch handsets based on the new platform.

News Byte

LG Electronics CEO Takes the Fall for Falling Behind

Failure to keep up in the smartphone race has cost another CEO his job. Today, just a week after Nokia bounced Olli-Pekka Kallasvuo, the board of South Korea’s LG Electronics, the world’s third-biggest maker of mobile phones, said that “Nam Yong offered to resign as CEO to take responsibility for the flagging performance.” He’ll be replaced by Koo Bon-joon, the younger brother of LG Group chairman Koo Bon-moo.

Confirmed: Nokia Chairman Jorma Ollila to Step Down in 2012

Nokia’s annual Nokia World conference in London this week is proving more of a showcase for the company’s leadership and strategic woes than it is new hardware. On its eve Nokia replaced its CEO, Olli-Pekka Kallasvuo with Stephen Elop, the head of Microsoft’s business unit and announced the departure of Executive Vice President Anssi Vanjoki. Now, on the event’s first day, Nokia confirmed that longtime board chairman Jorma Ollila plans to step down in 2012.

News Byte

Another Top Nokia Exec Heads for the Door

When Stephen Elop takes over as Nokia CEO from the ousted Olli-Pekka Kallasvuo next week, one of his first jobs will be finding someone new to lead the company’s faltering smartphone efforts. Just a day before the start of this year’s Nokia World conference, Executive Vice President Anssi Vanjoki, a longtime key exec who only a couple of months ago was named head of the Mobile Solutions unit, tendered his resignation with six months’ notice. Nokia’s brief news release offered no details on Vanjoki’s plans and, rather glaringly, no expression of thanks for 20 years of service.

Nokia’s CEO Switch: Right Move, Wrong Time?

Nokia replaced its chief executive, Olli-Pekka Kallasvuo (OPK), this morning with Stephen Elop, the head of Microsoft’s business unit, in a bid to “accelerate the company’s renewal” after an ugly 70 percent decline in market value over the past few years. The move was a long time coming. Question is, did it come at the right time?
Stephen Elop

News Byte

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.

Nokia Reorgs Evidently Biannual

Another Tough Quarter for Nokia

Nokia's Smart-Phone Slip

Nokia Mulls Netbook

A "Tough" Quarter? I'll Say…

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