Stephen Elop

Stephen Elop (born 31 December 1963) is the Vice President of Microsoft's Devices & Services business unit. During his tenure at Nokia he held the posts of CEO and later Executive Vice President, Devices & Services. A Canadian citizen, Elop was the first non-Finn to be named CEO of Nokia, on 21 September 2010. During the 3 years Elop was Nokia CEO, Nokia revenues fell 40%, Nokia profits fell 95%, Nokia market share collapsed in smartphones from 34% to 3.4%, Nokia's credit rating went from A to junk, Nokia's share price dropped 60% in value and Nokia's market capitalization lost 13 billion dollars in value.
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