Thread: Elop is the 7th biggest Microsoft shareholder!
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gerbick
2011-02-13 , 01:20
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#47
Originally Posted by naabi View Post
As stated many times in this thread, according to Nokia he has sold 60% of MS shares, but was forced to stop selling because of becoming MS insider again. Yes, he will sell the rest as you will see, and he will get some Nokia shares.

I bet you're the guys behind all these 911 conspiracy sites and watch Zeitgeist movies all day long. This has been an extremely hard decision for Nokia, just think how long they've tried to cope with that outdated Symbian.
It's not about if he has any Nokia shares; however let's just put it out there for the oblivious.

If you approach a person for the CEO position, knowing that he has some 600k+ share in a company that you've basically avoided in one fashion or another for almost 15 years shows me that they didn't do their research.

He's Nokia's Palin. They didn't dig deep enough.

Or... the board knew, this was their intent all along, thus it wasn't a problem once they found out he's one of the top ten single entity (a person) shareholder of Microsoft.

Again, use common sense. Why would the board invite somebody that has that much stock that led to such an unwelcomed announcement that's led to a 14% one-day drop in Nokia's stock price, as well as potentially directly drop 1500-20k seasoned workers that's dedicated to their prior plans.

You can't overlook that Elop was picked by the board. The board had to know about the stocks. The fact it is coming out now, after the Capital Markets Day announcement shouldn't come as a shock; but it is not a good indicator that the board had Nokia - as you folks know it - in the plans all along.

Blame Elop all you folks want. Look at the decision process to pull in Elop and it starts (and stops) with the board.
 

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