New Nokia chairman asks investors for patience

Newly installed Nokia Chairman Risto Siilasmaa asked investors at the company's annual meeting to stick with the Finnish phone-maker. Before Thursday's meeting, he told reporters, "I don't think any new change is required as we are going through a transformation period already." Retiring board chairman Jorma Ollila conceded to shareholders that the company had made mistakes. As a sign of Nokia's struggles, its flagship Lumia 900 smartphone is selling for $49 -- half of its original price -- on Amazon's website.

View Full Article in:

Nokia s Incoming Chairman Says Its Current Program Will Succeed - Bloomberg Businessweek · InformationWeek · Outgoing Nokia board chief concedes mistakes - USA Today

Published in Brief:

SmartBrief Job Listings for Tech

Job Title Company Location
Director Business and Legal Affairs
The Weather Channel
Atlanta, GA