Nokia CTO Abandons Ship
June 9, 2011 7:46 AM
comment(s) - last by
Nokia CTO Richard Green
Takes leave of absence, possibly a permanent one
It's been nearly eight months since
we last reported a major Nokia executive's defection
from the struggling company — after a string of them [
]. But the brief lull doesn't make today's news
about the possible resignation of Nokia's chief technology officer any better for the Finland-based handset manufacturer.
Nokia CTO Richard Green took a leave of absence and was unlikely to return over disagreements with the company's management decisions, namely ditching MeeGo
in favor of Windows Phone
A spokesperson told
that Henry Tirri, head of Nokia Research Center, will be the acting CTO in the interim, and would not confirm whether or not Green was gone for good (only that he'd taken a leave of absence).
Meanwhile, Nokia's struggles have prompted speculation that the company is a target for takeover by another company. Nokia CEO Stephen Elop dismissed those rumors as "baseless," saying the company was not for sale.
Nokia's troubles in the market appear to be accelerating, too. Last week, the company warned its second quarter results would be far below earlier forecasts, and the S&P cut its debt rating for Nokia, placing it on CreditWatch. This was after Fitch ratings agency placed Nokia's bonds one notch above junk grade.
"I think that this ... will confirm to the most skeptical people that Nokia can never make a turnaround," Strand Consult Head John Strand told
. "The victim here is again the shareholder."
This article is over a month old, voting and posting comments is disabled
RE: Thats what happens...
6/10/2011 4:55:50 PM
Please forgive my ignorance but...
From a purely technical viewpoint (ignoring marketing deals and other such reasons), why can't I go into a phone shop and choose a phone, and then choose what OS I want to run on it? Assuming that it meets minimum specs of course?
"We can't expect users to use common sense. That would eliminate the need for all sorts of legislation, committees, oversight and lawyers." -- Christopher Jennings
Nokia to Phase Out Symbian, WP7 Likely to Become World's #2 Phone OS
February 11, 2011, 11:03 AM
Symbian Foundation Director Resigns
October 20, 2010, 8:51 AM
Another Nokia Exec Says "Peace Out"
October 5, 2010, 7:16 AM
Nokia's N-Series Chief Resigns Just Days After New CEO Announced
September 13, 2010, 11:17 AM
Nokia Actively Looking for New CEO
July 20, 2010, 3:34 PM
Report: DISH CEO Makes Aggressive $2B USD Bid for LightSquared's Spectrum
May 20, 2013, 10:25 PM
Apple Releases Tim Cook's Testimony on Corporate Tax Laws
May 20, 2013, 7:40 PM
Apple's Tim Cook to Talk Profit Shifting, Taxes at U.S. Senate Hearing
May 20, 2013, 1:44 PM
HTC to Double Production Capacity for "One" Flagship Smartphone This Month
May 20, 2013, 10:10 AM
LG Showcases 5" Flexible OLED Technology at SID 2013
May 20, 2013, 8:18 AM
Air Force Expects to Save Over $50 Million in 10 Years by Using iPads
May 17, 2013, 12:26 PM
Most Popular Articles
Windows 8.1 Will Be Free; Microsoft Holds Onto Struggling ARM Variant
May 14, 2013, 2:57 PM
Google Announces "Pure" Galaxy Nexus S4 for $649, Android Updates
May 15, 2013, 1:42 PM
Bill Gates Gets Teary-Eyed While Discussing Steve Jobs, Shows Off Life-Saving Tech on 60 Minutes
May 13, 2013, 12:30 PM
U.S. Federal Traffic Board Wants to Make Drunk Driving Threshold Far Harsher
May 15, 2013, 11:32 AM
Google's Eric Schmidt: "Don't Be Evil" was Stupid
May 14, 2013, 11:00 AM
Latest Blog Posts
Quick Note: Sony "Teases" PS4 Ahead of Xbox Reveal in New Video
May 20, 2013, 12:33 PM
Nokia Introduces Instagram-Like App of Its Own to Help Lumia Sales
May 20, 2013, 7:10 AM
Parents of Pre-Teen Drivers Commonly Practice Distracted Driving Says Study
May 9, 2013, 7:16 AM
Apple's iOS 7 Running Into Internal Delays Due to Massive Overhaul
May 1, 2013, 4:26 PM
Elon Musk Willing to Spend More Money on Widening of 405 Freeway
Apr 26, 2013, 7:28 PM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information