Elop Wasn’t Nokia’s First Choice for CEO
In a recently published memoir about his time at the company, former Nokia Corp. (NYSE:NOK) chairman and well-known Finnish executive Jorma Ollila has revealed that Stephen Elop was not Nokia’s first choice to take over as CEO in 2010, according to a report from The Wall Street Journal.
In the book, which was only published in Finnish, Ollila describes the efforts he led to find a new CEO for the company in 2010. Though he does not name the executive he would have preferred for the job, Ollila describes the person as being in his fifties and “the No. 2 man at a well-known American technology company.” The mystery No. 1 candidate withdrew his name from the running for personal reasons, and Nokia was left with Elop.
Elop seemed like “a good salesman and a decisive corporate executive,” Ollila writes, although Ollila also had doubts about Elop due to his young age and American corporate values.