On Friday, Nokia announced the appointment of Steven Elop as President and CEO, replacing Olli-Pekka Kallasvuo. Elop's tenure will begin on September 21st 2010. He was, most recently, President of Microsoft’s Business Division, and a member of Microsoft’s senior leadership team. Interestingly, he had led the deal that Microsoft inked with Nokia last year, to make Office available on Symbian platforms. Before joining Microsoft, Elop was the COO at network infrastructure company Juniper Networks, and had been President and CEO of Macromedia when it was acquired by Adobe in 2005. While he was at Macromedia, the company had entered into a strategic relationship to deliver flash player capabilities to Nokia devices. What Happens To Olli-Pekka Kallasvuo? Kallasvuo had a 30 year long career at Nokia, the last four years of which were at the helm of the company, at the cusp of a change in the handset market dynamics that have seen Nokia struggling to keep pace, as Apple's iPhone and Google's Android OS continue to capture consumer imagination. His last four months at the company were spent with the knowledge that Nokia's Board was looking for a new President and CEO, and his time had run out. There had been calls for his ouster from analysts, and he had clearly lost favor. Jorma Ollia, the Nokia board Chairman, and the man Kallavuo had replaced, said that the move to replace Kallasvuo had been initiated by the board, "It was not easy" and "we have been conversing with Olli Pekka…
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