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Posts with tag executive

Nokia plays musical execs, moves CFO to new Mobile Phones post

There's nothing quite like a dismal quarterly report to shake things up, and that's exactly what Nokia's doing after losing over $800 million in its most recent three-month period. CFO Rick Simonson is being whisked over to a new post as head of the Mobile Phones group -- concentrating on Series 30 and Series 40 handsets -- within the Devices division, while Timo Ihamuotila, who currently leads up global sales, will take over for the CFO position being vacated by Simonson. For what it's worth, the move doesn't seem like a demotion for Simonson; he'll be in charge of "strategic sourcing" for the entire Devices division and still sit on the executive board, so we're sure he'll be doing alright for himself. All things considered, there's no way of knowing whether this would've all gone down without the quarterly performance, but it makes you wonder, doesn't it?

Verizon's CEO sidesteps questions on iPhone, Android handset


The last time we heard from Ivan Seidenberg, he was letting Sprint know precisely what he thought of it. This go 'round, in a new 'Charlie Rose' interview, the Verizon chief is being entirely more coy. In speaking to recent political happenings, he mentions that the communication coming from the citizens of Iran is "a great thing," and he also notes that attempts to block internet use "can't work long term" as the "power of the people will override that without any question." Sort of comical given VZW's prior persistence to cripple phones in spite of consumer backlash, but we digress. He also dodged (with great skill, might we add) questions on whether Verizon Wireless would carry the iPhone, noting that it was "Apple's decision" on whether it would build one to support the company's forthcoming LTE network. As for Android? He did confess that recent reports of a Motorola handset coming its way "might be true," which is CEO speak for "oh, that's absolutely happening." Hop on past the break for a video of the whole shakedown.

RIM CEO on BlackBerry Storm: "nobody gets it perfect out the door"


If there's one two things we love, it's hearing RIM's own Jim Balsillie and Mike Lazaridis open their gaping traps. While the former was sufficiently panned back in January for exclaiming that buggy smartphone software was simply the "new reality," his partner in crime may have just done him one better. In a recent sit-down with Laptop Mag, Mike was specifically asked to address that aforementioned quote. His response? "That's our first touch product, and you know nobody gets it perfect out the door. You know other companies were having problems with their first releases." If you're struggling to translate that into layman speak, allow us: "Tough luck, early adopters!"

As the interview progressed, the co-CEO took the opportunity to snub Apple on its inability to get Push Email out early on, noting that BlackBerry OS has "constantly been underestimated" and was "designed to multitask from day one." He also stumbled all over himself when it came to speaking about the BlackBerry's web browser, stating that "by writing our browser in Java, that provides our CIOs and wireless managers the assurances they need, to allow the browser to access internal information at the same time it accesses external information." We've literally meditated on that for a solid half-hour, and we still have absolutely zero idea what it means in English. Nevertheless, the whole thing is a pretty great -- if not comical -- read, so give it a look and share your colorful opinions in comments below.

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Telstra CEO Sol Trujillo leaving, heading back to America on June 30th


Great job, thief. Just days after Telstra CEO Sol Trujillo had his HTC handset stolen at Mobile World Congress, the guy has decided that enough is enough. All kidding aside, Sol Trujillo has indeed announced his intentions to vacate his seat and return home to the United States. During his four years as head honcho, the Australian operator has managed to do quite well for itself, and as they say, there's no better time to leave than while on top. He has vowed to keep pressing on until June 30th, after which he'll hop a (presumably first class) flight back to the US of A and watch Telstra attempt to fill his shoes -- probably from a sweet shack in Key West, if we had to guess.

Motorola CTO Richard Nottenburg takes off

Seriously though, how many are surprised to hear that Motorola's Chief Technology / Strategy Officer Richard Nottenburg is jumping off the sinking ship? Apparently dude "left to return to the New York area to be with his family and pursue other opportunities," which is code for a) he was passed over for CEO of the new mobile devices company, b) he was fired, or c) he finally wised up to the direction the company's taken. Either way, we can't really blame him.

Motorola anoints new CFO

Despite praise heaped upon Motorola's interim CFO Tom Meredith during his one-year tenure, he's being replaced as of March 1 by Paul Liska, an outsider who's done time with Sears and private equity firms in recent years. The move comes as a surprise, with many predicting that the permanent chief would come from the inside -- either by naming Meredith to the position or selecting someone else -- but let's be honest, Moto can use about as much fresh thinking as it can get its hands on at the moment. A Citibank analyst has gone on record saying he's a "big fan" of Meredith, pegging him as a guy who brought a lot of "financial discipline" into the beleaguered number three manufacturer -- so heads up, Liska, you've got some big shoes to fill.

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Pantech CEO exits stage left

According to an "exclusive" report by Telecoms Korea, Pantech CEO and Co-President Sung-Kyu Lee will be letting go of the company's reigns after a very short time at the helm -- fourteen months, to be exact. Paving significant inroads into the Americas (Helio and AT&T come immediately to mind) must have proven to be a terribly expensive venture, as poor financial performance is being tossed around as the likely reason behind the changing of the guard. Current Chairman Byeong-Yeop Park, who has thus far shared the presidency with Lee, will apparently take sole ownership of the title in addition to his present duties at the head of the board. For what it's worth, rumor has it that Lee's resignation was opposed by the board, and if this dude had anything to do with the Ocean, we're a little opposed, too.




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