Nokia Advances After Report Searching for New Chief
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Nokia Oyj rose as much as 5.2 percent in Helsinki trading after the Wall Street Journal reported the world’s biggest maker of mobile phones is looking to replace Chief Executive Officer Olli-Pekka Kallasvuo.
Nokia, which approached the heads of several U.S. technology companies for the post, will make a decision by the end of the month, according to the report yesterday, which cited unidentified people familiar with the situation. Nokia spokeswoman Arja Suominen declined to comment.