Stephen Elop (born 31 December 1963) is the chief executive officer of Nokia Corporation. Both a Canadian and American citizen, Elop is the first non-Finn to be named CEO of Nokia. He replaced Olli-Pekka Kallasvuo in this position on September 21, 2010.[1][2]
Elop was born in Ancaster, Ontario, Canada.[3] In his spare time, he is an avid recreational pilot. He is married to Nancy Elop, with whom he has five children, four girls and a boy, including triplets.[4]
From 1981, Elop studied computer engineering and management at McMaster University, Hamilton, Ontario, graduating second in his class with a bachelor's degree in 1986. Stephen found time to help lay 22 kilometers of Ethernet cable around campus to create one of the first Internet networks in Canada.[5][6]
Elop was a director of consulting for Lotus Development Corporation before becoming CIO for Boston Chicken in 1992,[7][8] which filled for Chapter 11 bankruptcy in 1998.[9] In the same year, he joined Macromedia's Web/IT department[8] and worked at the company for seven years[10], where he held several senior positions, including CEO from January 2005[11] for three months before their acquisition by Adobe Systems was announced in April 2005.[12][4]
He was then president of worldwide field operations at Adobe, tendering his resignation in June 2006 and leaving in December[13], after which he was the COO of Juniper Networks for exactly one year from January 2007-2008.[8][14]
Before starting at Nokia, Elop worked for Microsoft from January 2008 to September 2010 as the head of the Business Division, responsible for the Microsoft Office line of products, and as a member of the company's senior leadership team. During his time at Microsoft, the Business Division released Office 2010.[15]
Nokia announced on March 11, 2011 that it had paid Elop a $6 million signing bonus, “compensation for lost income from his prior employer," on top of his $1.4 million annual salary.[16]
Shortly after joining Nokia, Elop issued a company internal memo titled “Burning Platform”,[17] that was immediately leaked to the press. The memo likened the 2010 situation of Nokia in the smartphone market to a person standing on a burning oil platform (in software, "platform" is used to refer to frameworks such as Symbian, Apple iOS and Google Android.)
Technology insiders and journalists have since remarked that the memo was a wake-up call for Nokia (“It is one of the most combustible and gripping documents ever to emerge from a major corporation.” (BBC)[18] and “With its elegant writing style and brutal honesty, the 1,200-word missive is far removed from the average management pep talk.” (Financial Times)[19]). The memo has also been referenced as a guide for other business and political leaders such as Cisco’s John Chambers.[20]
In February 2011, Elop announced a new strategy for Nokia, which included shifting its smartphone operating system from Symbian to Microsoft’s Windows Phone 7. During the transition, Nokia released two new versions of its Symbian operating system, the Linux MeeGo-based Nokia N9 and five dual SIM feature phones. The first Nokia Windows Phone 7 smartphones shipped in November 2011.
Some technology writers have criticised Elop for the decision to move away from Symbian and MeeGo platforms to Windows Phone 7[21] and a bad timing of communicating this decision (a.k.a. Osborne effect).[22]
- ^ "Nokian Kallasvuo sai potkut, seuraaja Microsoftilta" (in Finnish). Helsingin Sanomat. September 10, 2010. https://www.hs.fi/talous/artikkeli/Nokian+Kallasvuo+sai+potkut+seuraaja+Microsoftilta/1135260038101. Retrieved 10.9.2010.
- ^ "Nokian toimitusjohtaja vaihtuu" (in Finnish). Kauppalehti. September 10, 2010. https://www.kauppalehti.fi/5/i/talous/uutiset/etusivu/uutinen.jsp?oid=20100917935. Retrieved 10.9.2010.
- ^ "Bio: Stephen Elop". Bloomberg Businessweek. June 25, 2009. https://www.businessweek.com/magazine/content/09_27/b4138032168910.htm. Retrieved 10 September 2010.
- ^ a b ""Kenraali" Elop astuu Nokian johtoon" (in Finnish). Helsingin Sanomat. September 10, 2010. https://www.hs.fi/talous/artikkeli/Kenraali%E2%80%9D+Elop+astuu+Nokian+johtoon/1135260042762. Retrieved 10.9.2010.
- ^ "Stephen Elop's profile". LinkedIn. https://www.linkedin.com/pub/stephen-elop/1/3a0/b31. Retrieved 10 September 2010.
- ^ "Stephen Elop's Nokia Adventure". Business Week. June 2, 2011. https://www.businessweek.com/print/magazine/content/11_24/b4232056703101.htm. Retrieved 2011-06-02.
- ^ "Stephen Elop's profile on LinkedIn". https://www.linkedin.com/pub/stephen-elop/1/3a0/b31. Retrieved 2012-01-30.
- ^ a b c "Who is Microsoft's new business division leader, Stephen Elop?". ComputerWorld. January 11, 2008. https://www.computerworld.com/s/article/9057001/Who_is_Microsoft_s_new_business_division_leader_Stephen_Elop_. Retrieved 2011-20-17.
- ^ "A Chicken Autopsy". Fool.com. 1998-10-07. https://www.fool.com/EveningNews/foth/1998/foth981007.htm.
- ^ "Stephen Elop". CrunchBase. n.d.. https://www.crunchbase.com/person/stephen-elop. Retrieved 2011-02-17.
- ^ "MACROMEDIA NAMES STEPHEN ELOP CHIEF EXECUTIVE OFFICER; ROB BURGESS CONTINUES AS CHAIRMAN". Macromedia. January 19, 2005. https://www.adobe.com/macromedia/ir/macr/news/2005/q305_pressrelease02.html. Retrieved 2011-02-17.
- ^ "How will Stephen Elop fare at Microsoft?". ComputerWorld. January 11, 2008. https://blogs.computerworld.com/how_will_stephen_elop_fare_at_microsoft. Retrieved 2011-02-17.
- ^ "Adobe Announces Resignation of President, Worldwide Field Operations". Adobe Systems. June 15, 2006. https://www.adobe.com/aboutadobe/pressroom/pressreleases/200606/061506StephenElop.html. Retrieved 2012-01-30.
- ^ "Microsoft beware: Stephen Elop is a flight risk". SiliconBeat. January 11, 2008. https://www.siliconbeat.com/2008/01/11/microsoft-beware-stephen-elop-is-a-flight-risk/. Retrieved 2011-02-17.
- ^ "Microsoft's big gamble with free Office". April 01, 2010. https://news.cnet.com/8301-13860_3-20001553-56.html. Retrieved 2011-21-11.
- ^ "Nokia pays big bucks for Elop: Former Microsoft executive receives $6M signing bonus". GeekWire. March 11, 2011. https://www.geekwire.com/2011/nokia-pays-big-bucks-elop. Retrieved 2011-03-11.
- ^ Elop, Stephen (2011-09-02). "Full Text: Nokia CEO Stephen Elop’s ‘Burning Platform’ Memo". TechEurope (The Wall Street Journal). https://blogs.wsj.com/tech-europe/2011/02/09/full-text-nokia-ceo-stephen-elops-burning-platform-memo/. Retrieved 2011-09-28.
- ^ "Nokia's burning platform". February 09, 2011. https://www.bbc.co.uk/blogs/thereporters/rorycellanjones/2011/02/nokias_burning_platform.html. Retrieved 2011-21-11.
- ^ "Nokia chief gambles on honesty". February 09, 2011. https://www.ft.com/cms/s/0/55e874ca-347b-11e0-9ebc-00144feabdc0.html#axzz1bQVD0YUi. Retrieved 2011-21-11.
- ^ "Read Cisco CEO’s Mea Culpa: “No Excuses”". April 05, 2011. https://voices.allthingsd.com/20110405/read-cisco-ceo%E2%80%99s-mea-culpa-no-excuses/?mod=googlenews. Retrieved 2011-21-11.
- ^ Brockmeier, Joe (2011-09-08). "The 5 Worst CEOs in Tech". ReadWrite Enterprise. https://www.readwriteweb.com/enterprise/2011/09/the-five-worst-ceos-in-tech.php. Retrieved 2011-09-28.
- ^ Ahonen, Tomi T. (2011-08-11). "Coining Term: "Elop Effect" when you combine Osborne Effect and Ratner Effect". Communities Dominate Brands. https://communities-dominate.blogs.com/brands/2011/08/coining-term-elop-effect-when-you-combine-osborne-effect-and-ratner-effect.html. Retrieved 2011-09-28.
Persondata |
Name |
Elop, Stephen |
Alternative names |
|
Short description |
|
Date of birth |
31 December 1963 |
Place of birth |
Ancaster, Ontario, Canada |
Date of death |
|
Place of death |
|