With Nokia World 2010
just days away, the Finnish company has announced
that CEO Olli-Pekka Kallasvuo has been replaced by ex-Microsoft Business head Stephen Elop
. The change - which will take place on September 21st - will also see Kallasvuo cede his position on the Nokia Board, though he will have his non-executive chair of the Nokia Siemens Networks board and a €4.6m severance package to cheer him up.