Nokia Finally Wakes Up and Starts Looking For a New CEO

The WSJ is writing that according to “people familiar with the situation” mobile phone maker Nokia is looking for a new CEO to replace Olli-Pekka Kallasvuo. Quite frankly, this isn’t exactly surprising considering that Nokia’s stock has fallen over 40% in the last three months after the company’s profit outlook was lowered repeatedly: Read the rest of this entry »