OPK is out, new Canadian executive takes over as President and CEO of Nokia
There were recently rumors that a search was on for someone to replace OPK as President and CEO of Nokia and it turns out that was actually what was going on as Mr. Stephen Elop will be taking over on 21 September 2010. This transition is happening just after Nokia World and so it seems this event may be quite interesting. Elop currently heads Microsoft’s Business Division and has extensive senior position experience from other companies like Macromedia and Adobe Systems Inc.
OPK is leaving Nokia after serving for thirty years and has been a great leader for the company, but now is the time for a change that should hopefully get Nokia back on track to more profitability to go along with their large market share numbers. He looks to be getting a nice severance package, which is standard for these types of positions. I wonder if we will here from Mr. Elop or OPK at Nokia World next week.