Stephen Elop to join Nokia as President and CEO

The Nokia blog reports that Olli-Pekka Kallasvuo will be stepping down from his role as President and CEO of Nokia, to be replaced by Stephen Elop. "In a little over a week, Stephen Elop will take over as Nokia's new President and CEO. Following a thorough selection process Nokia believes it has found the right person to lead Nokia through its transformation and that Elop makes a perfect compliment to Nokia's current competencies. Previously Stephen was head of Microsoft's business division after a stint as COO of Juniper Networks and which followed his role as president of worldwide field operations at Adobe Systems Inc."

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