Nokia, over the past week, has seen some significant changes at the top.

Nokia’s CEO Olli-Pekka Kallasvuo leaves the company and is replaced by Stephen Elop.

Olli-Pekka Kallasvuo

Stephen Elop

The following is a brief of the two individuals( Source: All About Symbian)

Elop joined Microsoft in January 2008, previously he was the COO of Jupiter Networks (2007-2008), an executive at Adobe (2005-2006) and CEO of Macromedia (1998-2005). He is an engineer by training, but has also had customer focused roles; he has a background in delivering software and services, which is likely to be a strong asset.

Olli-Pekka Kallasvuo has spent thirty years at Nokia, the last four as CEO. He led the company’s push into services, presiding over the launch of Ovi. During his tenure, the company has faced increasing competition in the mobile phone and smartphone segments; while Nokia has successfully maintained its position in the first, it has faced fierce competition from RIM, Apple and Google in the second. Following today’s news, Kallasvuo will also step down from his position on Nokia Board of Directors with immediate effect.
The announcement brings to an end to the speculation around the future leadership of the company. However, it is likely to ignite a fresh round of speculation as to which direction Mr Elop will take the company. It will be a hot topic at next week’s Nokia World, where Nokia is set to make a series of device, services and developer announcements.

The above news does not come as a surprise as there has been news from various quarters of Nokia seeking new leadership to steer the company forward.

The more shocking piece of news is the resignation of Anssi Vanjoki, Nokia’s Executive Vice President in charge of Mobile Solutions. He will continue to work his six month notice period and will attend Nokia World.

Anssi Vanjoki

Anssi Vanjoki may have not been comfortable with current leadership change and he could have been an internal candidate that may been overlooked for the job of CEO.

The important question here is this: How will Nokia’s long term product plans be affected by this change?

Will the focus on Symbian and MeeGo change with the new leadership?

I have feeling that there will be significant changes in Nokia’s focus in the US market with changes in its product portfolio in time to come.

Watch this space.