Nokia searches for new CEO - report

News Wireless Global 20 JUL 2010
Nokia searches for new CEO - report
Nokia has launched a search for a new chief executive, people familiar with the situation told the Wall Street Journal. The company is "serious about making a change'', and the board is expected to take a decision by the end of the month, the paper's sources said. The new CEO would replace Olli-Pekka Kallasvuo, who has held the position since 2006. Nokia declined to comment. The CEO of a major US high-tech company recently spurned Nokia's approach after meeting with chairman Jorma Ollila, because the candidate wasn't interested in moving to Finland, the paper said. Nokia also has flown in at least one other US-based executive to interview for the CEO job.

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