Nokia has announced that CEO Olli-Pekka Kallasvuo has been replaced by Microsoft Business head Stephen Elop. Nokia hopes Elop is the right man to move the company ahead. Olli-Pekka Kallasvuo will leave the company on September 20. He will continue to chair the Board of Nokia Siemens Networks in a non-executive capacity.
Chief Executive Officer Olli-Pekka Kallasvuo has been with Nokia since 1980. He worked first as a Corporate Counsel. Kallasvuo’s works provides and strenghten the company’s status and on 1992, he was named Executive Vice President and Chief Financial Officer. He really contributed great and excellent work that made him Nokia's CEO by June 1, 2006.
Nokia conducted 40% of the smartphone market with Symbian software, but lost its leading position of the Apple iPhone and Research in Motion.
Nokia is currently the largest mobile phone manufacturer and Nokia is committed to connecting people. The Nokia World Event in london will be on September 14-15, a new smartphone – Nokia E7 will be officially announced, and Nokia N8 will be launched for sale. Nokia N8 has a new version of open source Symbian OS, a 12 MP camera, HDMI video output, multi-touch, 16GB of memory and many other features.
