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  • Did The iPhone Bring Down Nokia's CEO?



    Early this morning, Nokia announced that Olli-Pekka Kallasvuo, the company’s longtime chief executive, is leaving his posh position as of September 20th. The announcement indicated that the new chief will be Microsoft's Stephen Elop, who will formally take the helm of Nokia the following morning. Nokia’s Board of Directors has appointed Stephen Elop President and Chief Executive Officer of Nokia. Until September 21st, Elop will remain "head of Microsoft’s Business Division."

    The announcement of Nokia's power shift didn't surprise many, especially given the company's nearly hopeless recent history of competing with major players in the increasingly competitive smartphone marketplace. In May, Kallasuvuo publicly admitted that Nokia flat-out failed to combat the iPhone, a reality that now appears may have helped to cost the outgoing CEO his job.

    “The time is right to accelerate the company’s renewal; to bring in new executive leadership with different skills and strengths in order to drive company success,” said Jorma Ollila, Chairman of the Nokia Board of Directors. In other words, Nokia needs a big thinker who isn't afraid to take on the iPhone and never admit that Apple has whipped them like a schoolyard bully. “The Nokia board believes that Stephen has the right industry experience and leadership skills to realize the full potential of Nokia. His strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company.”

    Although Kallasvuo will officially resign as president and CEO on Sept. 20, he isn't being completely thrown under the bus. He will, after all, continue to chair the Board of Nokia Siemens Networks in a non-executive capacity.

    Nokia
    This article was originally published in forum thread: Did The iPhone Bring Down Nokia's CEO? started by Michael Essany View original post
    Comments 29 Comments
    1. Cer0's Avatar
      Cer0 -
      I enjoy Nokia's devices. Several of their devices are great. My iPhone is my normal device but I do use my e71 every once in a while because of it's build and how well it works.

      I plan on getting a 7 device and a new Nokia when they drop to play with.

      But always come back to the iPhone.
    1. tudtran's Avatar
      tudtran -
      Nokia used to be on the top of the food chain. Since Apple kick started the smartphone market. Nokia been on a slice. It's about time they need to make a change.
    1. iPhoneJared's Avatar
      iPhoneJared -
      Nokia still has more symbian device on the planet than all the rest combined. I work the biz. Sell three things really. IPhone, Blackberry and for the non smart phone either a Motorola or Nokia. Nokia has the new E72 and it does a lot of things very well.

      Their new 3710 HSPA+ clam is solid for those who are not into the smart phone. And for whatever the reasons that is still a LOT of people.
    1. politicalslug's Avatar
      politicalslug -
      Quote Originally Posted by iPhoneJared View Post
      Nokia still has more symbian device on the planet than all the rest combined. I work the biz. Sell three things really. IPhone, Blackberry and for the non smart phone either a Motorola or Nokia. Nokia has the new E72 and it does a lot of things very well.

      Their new 3710 HSPA+ clam is solid for those who are not into the smart phone. And for whatever the reasons that is still a LOT of people.
      You're a moron. Nokia sells 10 times as many devices as Apple and yet their mobile revenue is far below Apple. Nokia has almost no presence in the US anymore. That haven't for a good many years. Why is that important? Because US consumers buy more expensive toys in far higher relative and absolute volumes than the rest of the world. There are more RAZR phones on the market than iOS devices, but that doesn't mean sh!t, does it?
    1. iPhoneJared's Avatar
      iPhoneJared -
      Was not meant to debate the revenue fact. Just a point relevant to say that based on a solid back ground they have with symbian, they have the ability to do better based on a lot of products they work really ******. There phones are bullet proof.
      That it that's all. That would be a good reason to bring in a new CEO. But. Who knows.
    1. reaves205's Avatar
      reaves205 -
      Its lonely at the top!
    1. Nickaroni22's Avatar
      Nickaroni22 -
      Like the old saying " If you can't run with the big boys, stay on the porch" Nokia has been on the porch for years!!!
    1. se23's Avatar
      se23 -
      Nokia hire someone from Microsoft....lol
    1. confucious's Avatar
      confucious -
      Symbian is outdated so Nokia designed Maemo - which was a flop.
      They've now merged with Intel to produce meego - can someone point me in the direction of any info on this? meego.com looks like it was produced by a 10 year old and meego.org has a bit more info but also looks like a 10 y/o produced it.
      If Nokia are relying on Meego then they really should try and present a more polished image of it.
      Nokia is a big company and I'm sure they will continue to provide vast numbers of non Smartphones. But they need to up the game to stay in the Smartphone race and so far I don't see them doing this.
      Hopefully I'll be eating my words but I think Intel is the wrong choice of partner and maemo/meego looks like a dead end.