Nokia brings in Elop as CEO to take on Apple
By Diana Ben-Aaron | China Daily | Updated: 2010-09-11 07:51
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Stephen Elop, president of Microsoft Corp's business division (left) and Kai Oistamo, executive president of devices at Nokia Oyj, shake hands at a news conference in New York in this file photograph. Rebecca McAlpin / Bloomberg |
HELSINKI - Nokia Oyj named Stephen Elop, head of Microsoft Corp's business unit, as chief executive officer, after the world's largest mobile-phone maker's struggles to take on Apple Inc's iPhone wiped $61 billion off its market value.
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