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Nokia Finnish investors considering gathering signatures to get CEO Elop sacked

Posted: , by Victor H.

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Nokia Finnish investors considering gathering signatures to get CEO Elop sacked
Nokia’s chief executive officer Stephen Elop is probably the most polarizing figure in the mobile world not just in the last few years - ever. Elop’s strategy to go all-in on Windows Phone, swiftly abandon the Symbian platform and denounce it as a “burning platform” yielded an extremely tough transition period for Nokia. The Finns went from being the world’s biggest phone maker to second and from the creator of the smartphone and market leader to third, threatened to be outsold by HTC and ZTE.

That tough transition period is far from over. Now, it seems that Nokia shareholders have started a discussion on gathering signatures to have Elop out of the company. A forum discussion on Finnish business newspaper Kauppalehti shows that the Finnish shareholder association is actively debating whether it should start making a list of signatures to have the former Microsoft employee sacked.

Under Elop, Nokia is letting go a fifth of its workforce, including staff in Finland. The company has also outsourced manufacturing to Asia, and is shutting down plants across Europe and other countries. Most recently, Nokia closed all alternative platforms like Meltemi, a stripped version of MeeGo, aimed to power the best selling affordable Nokia phones. The focus seems to be fully on Windows Phone 8 at Espoo, and hopefully it will have the first devices out soon and in time for the Holiday season, a success there might be the only thing that will keep chief executive Elop at his position.

source: Kauppalehti via Communities Dominate Brands

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posted on 23 Aug 2012, 06:38 37

1. kunyuk (Posts: 56; Member since: 29 Jun 2012)

Yes kick elop ass from Nokia, please!!!

posted on 23 Aug 2012, 07:11 25

8. anywherehome (Posts: 971; Member since: 13 Dec 2011)

he s just been a cuckoo from Microsoft so Microsoft can buy Nokia just for a penny :)
good work, Elop!

posted on 23 Aug 2012, 07:41 12

19. lyndon420 (Posts: 4953; Member since: 11 Jul 2012)

Maybe Google should think of buying Nokia. Would definately boost their patent arsenal.

posted on 23 Aug 2012, 13:51 2

44. anywherehome (Posts: 971; Member since: 13 Dec 2011)

Microsoft will overpay....they will be out of their mind to pay 100 bln for that if google bids :)

posted on 23 Aug 2012, 11:09 7

37. MeoCao (unregistered)

Every time I look at Elop's pictures I can't help thinking: "What a dumb person it is".

posted on 23 Aug 2012, 13:28 4

42. r2212xx (Posts: 41; Member since: 18 Apr 2011)

Yes, i agree. Nokia suddenly seem to have become great buddies with Microsoft after Stephen Elop walked into the scene.

posted on 23 Aug 2012, 07:36 7

16. .POLICE. (banned) (Posts: 7; Member since: 22 Aug 2012)

It has been 7 years for windows, what progress have they made?
It took them 7 years so the OS handles high end games and dual core chips. Elop killed all his own platform, leaving just S40. Once the king
of mobile industries has to rely on other OS.

posted on 23 Aug 2012, 08:13 4

28. megaSUNNY (Posts: 85; Member since: 26 Jun 2012)

thumbs to kick-ass elop

posted on 23 Aug 2012, 10:38 4

36. Nookie4u (Posts: 133; Member since: 13 Aug 2012)

and about dang time too might I add.

posted on 24 Aug 2012, 20:21

57. AeroPrime (Posts: 175; Member since: 21 Feb 2011)

Yes i totally agree. Kick this dumb CEO. He is making the situation worst and putting Nokia in the edge of collapsing.

posted on 23 Aug 2012, 06:48 12

2. Osman (Posts: 44; Member since: 07 May 2012)

they should wait a little more and see how his WP8 strategy goes, what if he succeeds with his plans then it won't be fair.... just my opinion!

sure you can thumb this down (haters).

posted on 23 Aug 2012, 07:28 21

15. kanagadeepan (Posts: 975; Member since: 24 Jan 2012)

The problem is why he killed Symbian?? Instead of using it as stop-gap till WP arrives??

Why he killed Meltemi for LowEnd phones, even WP8 can't be used in Low-end phones?? Because, A Linux based OS = Enemy of M$..

Why he said in US, Nokia808-PureView will be sold in FULL PRICE only and NOT in contract and sold Lumia900 at just 99$ with contract??

I am NOT a Nokia hater... My first smartphone is Nokia 9210i communicator and used soo many Nokias till E71 and E90.. I agree that SymbianTouch is NOT as good as non-Touch Symbian.. But Anna is much better than earlier Symbian-Touch and can be used as Stop-Gap till WP picks up... Instead he killed it and thats the main reason for current condition of Nokia...

I have NO problem, if he wants to sell his soul to the Devil M$, but he also sold NOKIA's too.. That is the problem...

SIMPLE... If he is kicked out, Nokia survives... If NOT Nokia is kicked out from market...

posted on 23 Aug 2012, 06:51 18

3. w-t-f (Posts: 42; Member since: 21 Aug 2012)

it's about time..ditch that MS trojan horse..get back on meego project as primary OS,WP8 as 2nd and rock on :) also keep feature phones in. and make LUMIA NEXUS LOL

posted on 23 Aug 2012, 06:54 7

4. maverick786us (Posts: 150; Member since: 20 Apr 2012)

Its too late to ditch WP. But yes they can bring back Meego live and use their entire work force to make it a very good OS to compete with Android handsets. So sacking him might create instability within the company

posted on 23 Aug 2012, 07:48 3

20. allen83 (Posts: 107; Member since: 01 Mar 2012)

yes you're right. They should continue with Meego. Because Meego was really a very hot OS for the past months or a year especially when Jolla went out to the bloom and announced that they would continue Meego. It is really a big slap of the face to Nokia when Meego OS is a success especially ex Nokia staves ar involved in making the project a big success

posted on 23 Aug 2012, 06:56 3

5. tango_charlie (Posts: 334; Member since: 16 Nov 2011)

Nokia made self-destructive mistakes long before Elop hit the spot. Firing him now just makes no sense. If WP8 fails to succeed their will be no Nokia anyway to be fired from.

posted on 23 Aug 2012, 06:56 5

6. MeoCao (unregistered)

Sack the board first.

posted on 23 Aug 2012, 06:59 7

7. Samsomesh (Posts: 195; Member since: 11 Jun 2012)

Thats the right thing to do.!!

posted on 23 Aug 2012, 07:15 13

9. lyndon420 (Posts: 4953; Member since: 11 Jul 2012)

Bye bye elop...hello Android :-)

I bet a lot of people have been wishing for Nokia hardware that runs Android.

posted on 23 Aug 2012, 07:58 5

24. Aeires (unregistered)

Agreed, on both points. It's too difficult to ignore the overwhelming market share dominance that Android has been enjoying. Getting a piece of it instead of competing with it literally from the bottom of the pile is what they should have done.

How long before we see Plan B?

posted on 23 Aug 2012, 07:16 5

10. jack1059 (Posts: 72; Member since: 31 Mar 2012)

There are only 2 issues which a CEO ultimately gets judged on. That's share price and marketshare. On both counts Elop has driven nokia over a cliff. Market share went from 35% roughly to 6% under him, and the shares are now listed as junk. Add all the other bone headed mistakes he's made and I wonder how he still has a job.

posted on 23 Aug 2012, 07:17 1

11. threed61 (Posts: 242; Member since: 27 May 2011)

The decision to go with windowsphone wasn't a bad one, it was trashing the other OS options before there were even wp phones to sell that was stupid, for that alone he should be fired.
But this point was coming anyway, the latest Symbian belle is about the same functionability as a 2009 OS. It sucks and consumers were dumping it already.
Meego, like webOS before it doesn't offer enough apps or developer support to compete, and without a cash pile like Microsoft's it wasn't going to get that support.
Nokia's problems were there long before Elop.

posted on 23 Aug 2012, 07:52 3

21. allen83 (Posts: 107; Member since: 01 Mar 2012)

yes applications to a new born OS is really few at first. but it will increase as time goes by. just like Android and Apple. And knowing that when Meego before its launch has already partners pledging to support the OS even it is not well known or just starting

posted on 23 Aug 2012, 14:10 4

45. picka_vi_materina (Posts: 174; Member since: 21 Nov 2011)

You have quite a bad understanding of things. First of all, Symbian has the best functionality of any OS to date. That is not even up to debate by the worst of the bloggers. Second, MeeGo had so many partners waiting to publish apps, but after the ”there will be no meego degices even if N9 sells like crazy,” who could blame them. Lastly, there is alien dalvik which could have taken care of the lack of apps.

posted on 23 Aug 2012, 07:21 5

12. tiara6918 (Posts: 2110; Member since: 26 Apr 2012)

Hahaha...lol! I laughed at the time I read the headline. It's Elop's fault that nokia has plunged down to what it is now. Time to go android and that will surely bring the company much success. Go back to windows phone os when the time it's neck to neck with android and ios...

posted on 23 Aug 2012, 07:24 8

13. Nikolas.Oliver (banned) (Posts: 1574; Member since: 01 Jul 2012)

shame on u elop....shame on u

posted on 23 Aug 2012, 07:27 4

14. JunkCreek (Posts: 407; Member since: 13 Jul 2012)


posted on 23 Aug 2012, 07:36 2

17. FoneAddict (Posts: 259; Member since: 05 Jul 2011)

At last!

posted on 23 Aug 2012, 07:37 4

18. bloodline (Posts: 706; Member since: 01 Dec 2011)

nokia should just do one 1 test. Release one of their best tech phones onto android and see what happens

posted on 23 Aug 2012, 07:57 2

23. picka_vi_materina (Posts: 174; Member since: 21 Nov 2011)

they shouldn't even think about touchinf touching android, EVER. Release a high spec MeeGo device, that is all.

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