Nokia chairman on his way too

Another resignation as new phones fail to hide turmoil at top

Chairman set to stay until early 2012, but announcement comes at bad time for Nokia.

Nokia might have said yesterday that its smartphone fightback was “shifting into high gear.” But once again it’s having to deal with the loss of a top exec, the third in less than a week.

Now Nokia chairman Jorma Ollia has confirmed that he is stepping down, with plans to leave the Finnish phone maker by the start of 2012. It appears Nokia’s top brass want him to stay for a ‘transitionary period’, but he follows CEO Olli Pekka Kallasvuo and smartphone Anssi Vanjoki, out of the door.

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While new phones at Nokia World, including the ace E7, have done plenty to cause excitement, it seems talk of a Nokia fightback hasn’t impressed investors, with share prices falling further.

Whether Nokia can win back its smartphone crown and see off Apple and Google remains to be seen. Tell us what you think on Facebook and Twitter.

Via The Guardian