Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella has announced a number of promotions among the company’s executives. Perhaps the most high profile one is former Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) CEO Stephen Elop. We’ve known for some time that he would go along to Microsoft with the sale of the company’s devices division, but now we officially know what position he will hold.
Elop to head devices division
Street Insider published an internal memo which Nadella sent to Microsoft Corporation (NASDAQ:MSFT) employees. It is dated today, and it states that Elop will become the new executive vice president of their devise group. In addition, he said they expect the sale of Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s devices division to close by the end of April.
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