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Nokia Executive Vice President resigns

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Nokia Executive Vice President resigns

Nokia’s Executive Vice President has announced he is leaving the company, just days after the firm revealed it had fired Olli-Pekka Kallasvuo as Chief Executive Officer (CEO).

In a release issued this morning, Anssi Vanjoki, whose remit had included overseeing the development of Nokia’s high-end Nseries smartphones, said he was leaving the company to “seek new opportunities”.

He will, however, stay on for the next six months and will continue “current tasks for the time being”, Nokia stated.

The news comes after Mr Kallasvuo’s replacement as CEO by Stephen Elop, formerly of Microsoft. Mr Kallasvuo’s departure came amid a turbulent last few years in which Nokia’s market capitalisation has dropped by two thirds since 2007.

Mr Vanjoki is still due to speak at the Nokia World trade show tomorrow in London where he will deliver the opening keynote.

However, Mr Kallusvuo, whose talk was expected to include the official launch of the Nokia N8 and the Nokia E7, been removed from the itinerary for the day.

The N8 handset is being seen by many within the industry as a make or break release, as Nokia looks to regain market share lost to Apple and smartphones running Google’s Android operating system.

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