Nokia seeks new CEO: WSJ

Nicole McCormick
Daily News

Nokia’s share price lifted overnight on the back of a report the firm is interviewing for a new CEO to replace embattled leader Olli-Pekka Kallasvuo.

The Wall Street Journalcited a source close to Nokia as saying the firm is “serious” about finding a successor to Kallasvuo, which has struggled to map out a high-end smartphone strategy for the group.

“They [Nokia’s board] are serious about making a change,” the source told the WSJ.

In a break with tradition, Nokia is reportedly sounding out senior US tech executives as potential CEOs.

Under Kallasvuo, Nokia has been trying to beef up its operating system software and developer community to win back share from Apple’s iPhone and Google's Android devices.

But so far it has not come up with a hit device or a popular new operating system to compete with its rivals.

The rollout of the latest Symbian OS has been delayed from Q2 to later this summer.

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