Apple and Android are giving Nokia a hard time on the high-end phone segment. Now the company changes CEO.
Nokia's CEO Olli-Pekka Kallasvuo was long criticized for loosing out against Apple and Android in the "real" smartphone segment. Today Nokia announced that Olli-Pekka Kallasvuo will leave his CEO post on September 20th. The new Nokia CEO is Stephen Elop. Elop currently heads Microsoft's Business Division. Before joining Microsoft, Elop held senior executive positions in a number of US-based public companies, including Juniper Networks, Adobe Systems Inc. and Macromedia Inc. He holds a degree in computer engineering and management from McMaster University in Hamilton, Canada, which is his home country.
So Nokia is now under the lead of an American, something that is not to common in Finland.
Elop commented on his new Nokia position: "I am extremely excited to become part of a team dedicated to strengthening Nokia's position as the undisputed leader of the mobile communications industry, with a relentless focus on meeting the needs and expectations of customers. Nokia has a unique global position as well as a great brand upon which we can build. The company has deeply talented and dedicated people, and I am confident that together we can continue to deliver innovative products that meet the needs of consumers. The Nokia slogan clearly states our key mission: Connecting People, which will acquire new dimensions as we build our portfolio of products, solutions and services."
We will see if Elop can turn things around in the smartphone segment. In the other mobile market segments Nokia is anyway very strong.