Nokia Finally Wakes Up and Starts Looking For a New CEO
The Wall Street Journal reports that “people familiar with the situation” indicated that Kallasvuo, who has held the CEO title since 2006, will soon be ousted for a new leader. And continued to report as “They are serious about making a change,” one person familiar with the matter said. Nokia board members are “supposed to make a decision by the end of the month,” that person said. The CEO of a major U.S. high-tech company recently spurned Nokia’s approach after meeting with Chairman Jorma Ollila, because the candidate wasn’t interested in moving to Finland, this person said. Nokia also has flown in at least one other U.S. based executive to interview for the CEO job, the person said. If the reports are true, it looks like there could be a shake-up at a U.S. based company as well as the mobile manufacturer poaches American companies for a new leader. While the news strikes hard, it strikes fast as the decision by Nokia board members will be made by the end of th...