The Wall Street Journal cited unnamed people who said the company had launched a search for a new CEO. Nokia has been losing market share in the growing smartphone segment. In June, Nokia warned that its second quarter earnings report, due out Thursday, would be lower than expected. It blamed competition at the high end of the market, a shift in product mix toward lower margin products and the depreciation of the euro. Olli-Pekka Kallusvuo, president and CEO, has been with Nokia since 1980.”]
Source: https://www.csoonline.com/article/2125348/wsj–nokia-searching-for-new-ceo.html