Nokia Restructures, Adds CTO ‘To Accelerate Innovation’

Feeling the heat from ongoing unfavourable iPhone comparisons, Nokia (NYSE: NOK) is re-jigging its corporate structure to respond…
– Mobile Solutions (led by Anssi Vanjoki): The old Services from Devices & Services, plus more, it comprises Symbian Smartphones (Jo Harlow), MeeGo (Alberto Torres), Services (Tero Ojanpera).
– Mobile Phones (led by Mary McDowell): Providing services for low-end phones through Ovi Life Tools, Ovi Mail, Ovi Store and Nokia Money.
– Markets (led by Niklas Savander): Managing sales and marketing, solution selling, digital marketing transformation, supply chain sourcing.
At first glance, there’s little different – but the key is that a new Mobile Solutions division unites the old Services division (ie. Ovi), from Devices & Services, together with the Symbian smartphones that run Ovi.
– Former Sun software chief Rich Green is also joining inside this division as chief technology officer.
– Ex-Devices EVP Kai
Sorry Nokia. Too little, too late.