Nokia CEO Elop to move to Microsoft, chairman to take over
HELSINKI (Reuters) - Nokia NOK1V.HE said its chief executive, Stephen Elop, will move to Microsoft Corp (MSFT.O: Quote) when the deal to acquire Nokia's handset business is closed.
Nokia board chairman Risto Siilasmaa will take over CEO duties while the Finnish firm is looking for a new CEO.
Elop was hired as Nokia CEO in 2010 from Microsoft.
(Reporting by Terhi Kinnunen; Editing by Matt Driskill)
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