John Paczkowski in News on January 18, 2013 at 5:30 am PT
Swedish TV software company Zenterio names Olli-Pekka Kallasvuo chairman.
Voices
Ian Edmondson, Reporter, The Wall Street Journal in News on March 11, 2011 at 12:17 pm PT
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.
John Paczkowski in News on January 19, 2011 at 3:00 am PT
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.
John Paczkowski in News on October 14, 2010 at 5:48 pm PT
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.
John Paczkowski in News on October 5, 2010 at 7:01 am PT
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
Voices in News on September 17, 2010 at 2:34 am PT
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.
John Paczkowski in News on September 14, 2010 at 6:44 am PT
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
Voices in News on September 13, 2010 at 2:22 am PT
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.
John Paczkowski in Mobile on September 10, 2010 at 8:35 am PT
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?
News Byte
Voices in News on September 10, 2010 at 2:02 am PT
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.