Chutes & Ladders: Nokia names new head for mobile phones

Nokia today named company insider Kai Oistamo to replace Olli-Pekka Kallasvuo as head of the company's mobile phones unit effective October 1. The move coincides with the date Kallasvuo takes over as Nokia's president and COO. Oistamo joined Nokia in 1991. He will also serve as a member of the company's executive board. The appointment follows last month's news that CEO Jorma Ollila will step down next year. Kallasvuo will take over as CEO in June 2006.

For more on Nokia's new head of mobile phones:
- read this article from Dow Jones

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