Monday, September 13, 2010

Elop Brings Knack for Software, Shaking Up Businesses to Nokia - BusinessWeek

More on Stephen Elop’s new job.  On a related note, see Nokia's Mobile-Solutions Chief Quits

That’s hurt Nokia’s bottom line and stock price. The shares have fallen more than 60 percent since Apple’s June 2007 introduction of the iPhone.

“The clear challenges Nokia faces are well understood,” Elop, 46, said at a press conference in Nokia’s hometown of Espoo, a suburb of Helsinki. He will take over for Kallasvuo, a 30-year Nokia veteran, on Sept. 21. “My role is to surface those, to make sure we’re dealing with them efficiently -- that we’re making crisp decisions and moving the organization forward aggressively.”

Elop Brings Knack for Software, Shaking Up Businesses to Nokia - BusinessWeek

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