Daunting TaskBy Reuters | Print
Stephen Elop, a Canadian Microsoft executive, is joining Nokia as CEO.
Elop told the news conference North America was a critically important market and would be "an area of emphasis."
Ollila said of Elop: "His strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company."
"Elop faces a daunting task. Nokia has lost its leadership in high-tier phones and has struggled with the rise of Internet-led services," said Ben Wood, head of research at UK-based telecoms analyst firm CCS Insight.