Ollila

Mr. Ollila, 61 years old, announced in 2010 that he would step down in 2012 as chairman, a role he assumed in 1999.

Nokia Near Choice on New Chairman Christopher Lawton 2012

The expected pick of Mr. Siilasmaa, a three-year Nokia board veteran, to succeed departing chairman Jorma Ollila suggests the struggling mobile phone company aims to remain close to its Finnish roots during one of the most critical times in its 147-year history.

Nokia Near Choice on New Chairman Christopher Lawton 2012

"He will bring new vitality activity to the company," Ollila said in an interview with Finnish broadcaster YLE.

Nokia N8 Release: Flagship Phone Now Shipping The Huffington Post/AP 2010

Mr. Ollila said in 2010 that he would step down as chairman this year.

Nokia Discerns Hope in New Phone Christopher Lawton 2012

Bloomberg News Stephen Elop, chief executive officer of Nokia, center, sits with Timo Ihamuotila, chief financial officer of Nokia, left, and Jorma Ollila, chairman of Nokia.

Nokia Updates Smartphones Christopher Lawton 2011

A year later, Nokia's current chairman and then-chief executive, Jorma Ollila , decided to refocus the business around telecommunications.

Nokia's Pain Becomes Finland's Christopher Lawton 2011

Nokia board chairman Jorma Ollila said Thursday that he expects Elop "to bring oxygen" to Nokia.

Nokia N8 Release: Flagship Phone Now Shipping The Huffington Post/AP 2010

In a separate announcement, Nokia said it would propose that director Risto Siilasmaa replace Jorma Ollila as chairman of the company's board.

Nokia Discerns Hope in New Phone Christopher Lawton 2012

"We'll see a number of other such linkups in the next 12 months," says Nokia's Ollila.

Bigger, Better, Brighter 2008

Nokia didn't get fully back on its feet until Ollila, a former banker, took charge.

Battle Of The Nordic Giants 2007