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Authored by: complex_number on Sunday, July 15 2012 @ 10:30 AM EDT |
Perhaps one of their 'larger' shareholders are keeping him there?
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Ubuntu & 'apt-get' are not the answer to Life, The Universe & Everything which
is of course, "42" or is it 1.618?
[ Reply to This | Parent | # ]
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- Worst CEO Ever - Authored by: Anonymous on Sunday, July 15 2012 @ 12:54 PM EDT
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Authored by: symbolset on Sunday, July 15 2012 @ 12:25 PM EDT |
The story is that the former Chairman wanted a Finn, a Nokia insider for the
CEO slot. He got a call from "American institutional investors," telling him to
put Elop in that spot. He resisted and was told that if he refused he would be
replaced, and his replacement would do it.
That's not my story, just what I
heard. It might not be true.
I believe it though, and I also believe that
Elop is "on plan" and unlikely to be replaced as he scuttles Nokia.
The
author is distraught because he loves his country and Nokia and sees them both
being harmed. Tomi Ahonen is a former Nokia executive and a Finn, and Nokia is
a Finnish national treasure - its destruction is devastating to the economy, and
not just the lost jobs. The lost value of Nokia's market price was largely held
by Finnish retirement funds - many of which now will not have sufficient funds
to continue to pay retirees. Entire cities have been turned into ghost towns.
It's a national disaster.
I don't think that Elop is likely to be fired, but
this sort of attack on the national economy should be investigated by the
government of Finland. It's as devastating as an invasion. [ Reply to This | Parent | # ]
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- Worst CEO Ever - Authored by: PJ on Sunday, July 15 2012 @ 12:40 PM EDT
- "American institutional investors" - Authored by: Anonymous on Sunday, July 15 2012 @ 02:00 PM EDT
- Worst CEO Ever - Authored by: symbolset on Sunday, July 15 2012 @ 02:26 PM EDT
- Worst CEO Ever - Authored by: symbolset on Sunday, July 15 2012 @ 03:12 PM EDT
- Fresh blood - Authored by: Anonymous on Sunday, July 15 2012 @ 07:54 PM EDT
- The timing of the announcement - Authored by: Anonymous on Sunday, July 15 2012 @ 09:36 PM EDT
- Fresh blood - Authored by: Anonymous on Sunday, July 15 2012 @ 10:57 PM EDT
- Fresh blood - Authored by: Anonymous on Sunday, July 15 2012 @ 11:35 PM EDT
- Fresh blood - Authored by: Anonymous on Sunday, July 15 2012 @ 11:58 PM EDT
- Fresh blood - Authored by: PJ on Monday, July 16 2012 @ 06:24 AM EDT
- Fresh blood - Authored by: Anonymous on Monday, July 16 2012 @ 01:40 PM EDT
- Fresh blood - Authored by: jonathon on Monday, July 16 2012 @ 05:03 PM EDT
- Worst CEO Ever - Authored by: stegu on Sunday, July 15 2012 @ 01:45 PM EDT
- Corporate Responsibilities... - Authored by: sproggit on Sunday, July 15 2012 @ 02:37 PM EDT
- 'A call from "American institutional investors' - Authored by: TerryC on Sunday, July 15 2012 @ 02:44 PM EDT
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