Nokia's Elop Grab
Stephen Elop was a big man on campus at Microsoft -- and a key client-facing executive of its cloud strategy -- but Nokia apparently needs him more. In mid-September, Nokia confirmed the appointment of Elop as its new president and CEO, part of a major executive shake-up that saw the exit of Nokia CEO Olli-Pekka Kallsvuo, several of his lieutenants amid flagging fortunes for Nokia's once-proud mobile device supremacy. Elop had joined Microsoft in January 2008 and most recently ran its business division. In a statement at the time of his appointment, he described Nokia as having a "unique global position as well as a great brand upon which we can build."