Ex-Nokia CEO now controls Microsoft's Xbox division
Stephen Elop takes over Microsoft’s Devices and Studios division from Executive Vice President Julie Larson-GreenBy Jonathan Toyad 25 Feb, 2014
Ex-Nokia CEO Stephen Elop will now be leading Microsoft’s Devices and Studios division, which means that he will be calling the shots for all things Xbox, Surface and game studios-related.
According to an internal Microsoft memo (via The Verge), Elop will be replacing Executive Vice President Julie Larson-Green. She will be transitioning to Microsoft’s Applications and Services Group as Chief Experience Officer. “I want to thank each and every one of you for welcoming me and supporting me as the leader of Devices and Studios over the past seven months,” she wrote on the memo.
“I’m very proud of what we have accomplished during such a short time-frame. We launched Xbox One, Surface 2 & Pro 2, blockbuster games like Forza and Ryse, a brand new Xbox Music and Video service, PPI, and some amazing unannounced innovations, just to name a few,” she further added.
Back then, Elop worked with Microsoft as head of the business division from 2008 to 2010. Throughout his Nokia CEO tenure however, Nokia’s revenue fell 40 per cent, while its profits fell 92 per cent and its handset sales fell 40 per cent.
This all led to Microsoft acquiring Nokia’ s services and devices for US$5 billion last year, with his return as part of the whole deal. A Bloomberg report stated that Elop was willing to sell off the Xbox business and kill off Bing if he were made CEO of Microsoft.
Microsoft United States of America Microsoft, a software corporation, develops licensed and support products and services ranging from personal use to enterprise application. Latest funding: Not specified Investors: Not specified