Thursday, July 22, 2010

Nokia looking for new CEO to replace Olli-Pekka Kallasvuo, says WSJ

It doesn't come as a complete surprise, but the Wall Street Journal is reporting (care of "people familiar with the matter") that the search is on for a new Nokia CEO to replace Olli-Pekka Kallasvuo. Investor confidence and falling stock prices are to blame as the company has had -- and we're being nice here -- great difficulty competing in the smartphone market against the likes of Apple  and Google.


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