Nokia Likely To Change Executive Board Members

Posted Feb 5, 2011

Nokia Corporation (NYSE:NOK), the world’s biggest cellphone company, is likely to change around some of their executive board members according to the German weekly publication Wirtschaftswoche. Nokia CEO Stephen Elop is expected to change around the company’s strategy, which includes changes in management because they are losing market share.

Some of the executives that Wirtschaftswoche pointed out may be moved out of the company includes:
– Mary T. McDowell, the Nokia mobile phone head
– Niklas Savander, the manager of the markets division
– Kai Oistamo, Chief Development Officer
– Tero Ojanpera, manager of the services and mobile solutions