Advertisement

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. Espoo isn't commenting on the matter (yet), but we'll keep you up to date. Better start updating that resume now, dear reader.