News, Events, Directory
Last Updated:
Executive Search - Executive Job Search
Executive resigns Executive appointments Power Executive Job Search Executive search firms directory Executive search news Executive search resources Executive Job Search Travel

Nokia names new CEO

Nokia names new CEO

Mobile phone handset giant Nokia has named Olli-Pekka Kallasvuo as its president and COO, eventually becoming president and CEO in June 2006.

Kallasvuo's appointment as president and chief operating officer takes effective from October 2005.

Jorma Ollila continues as Chairman and CEO until June 1, 2006, and it is proposed he continue as non-executive chairman from that date, the company said.

Nokia's current President, Pekka Ala-Pietila, will resign to pursue personal interests. He will take on the role of Executive Advisor as of October 1 and leave Nokia on February 1, 2006.

The vice chairman of the Nokia Board, Paul Collins, said: "The Nokia Board has had in place a succession process in anticipation of Jorma Ollila's retirement with the objective of maintaining vitality, adapting to a rapidly evolving industry, and ensuring continuity.

"The Board is convinced that Olli-Pekka Kallasvuo, with his strong industry credentials and over 20 years of experience at Nokia, will provide the required leadership for the Company in the future."

Kallasvuo joined Nokia in 1980 and currently heads the mobile phones business group.

Prior to this he worked as the company's chief financial officer.
Business World, live news from Ireland, plus Irish archive, lists, companies information

No comments:

Post a Comment

Executive Job Search Engines

what where
job title or skills city, state or zip Jobs by SimplyHired
what where
job title, keywords or company
city, state or zip jobs by job search

AESC"s SearchWire

ERE Blog Central | ERE Blog Network

NYT > Job Market

Executive Search news by Topix

Spearhead Intersearch News