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Nokia Replaces Its CEO, Hires Microsoft Exec

Sep 13, 2010, 13:34 (0 Talkback[s])
(Other stories by Thom Holwerda)

"This one doesn't come as a total surprise: Nokia has replaced its CEO. Olli-Pekka Kallasvuo is on his way out, and he's being replaced by Stephen Elop, head of Microsoft's Business division. This will be the first time someone from Foreign (from Nokia's perspective) will lead the company, but some fresh, outside blood may be just what the doctor ordered.

"The crazy thing about Nokia is that overall, the company is still doing pretty good. Even after all these years, I, and with me many others, still consider Nokia's regular phones to be the best money can buy. Nokia's feature phones are built to last (I still see people happily using their 3210s and 3310s), and the company has played a crucial role in spreading GSM technology and affordable phones to every corner of the globe - and all the benefits that has brought both first and third world countries. We keep talking about Apple, Google [phone-wise], and the likes as being special - but their impact on the world is negligible compared to Nokia's."

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