Outgoing Nokia CEO to Continue in Limited Capacity

2:44 am on December 19, 2005 | Category: Business

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Nokia CEO, Jorma Ollila has recently made the decision to step down from his role at the helm of the world’s largest handset maker, but continue with the company in a limited capacity.

In an interview that was published earlier today, Ollila revealed that he would begin working about two days a week as a non-executive chairman as soon as his pending resignation takes effect.

“The intention is that it would be possible to use a couple of days (per week) for taking care of Nokia’s business and in that sense to be quite an active chairman,” the soon to be ex-CEO commented.

Ollila has been CEO of the Finnish handset giant since 1992, and will be replaced Olli-Pekka Kallasvuo on June 1st of next year.

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