Movers and Shakers: Where Some of IT's Top Executives Are Going - Slide 4

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Nokia ousted CEO Olli-Pekka Kallasvuo and nabbed the head of Microsoft's business software unit, Stephen Elop. Elop will have his work cut out for him as Nokia struggles to keep up with the smartphone market.

Following Elop’s appointment, there were a number of personnel shakeups. Nokia's head of Mobile Solutions, Anssi Vanjoki resigned, then Chairman Jorma Ollila announced his departure. In still more changes, the handset maker hired Peter Skillman, the former head of design at Palm, to head the user experience and services division for MeeGo, Nokia’s Linux-based open source mobile operating system project.

Business First reports that according to global outplacement consultant Challenger, Gray & Christmas Inc. of Chicago, September 2010 was a tumultuous month for CEOs as the turnover rate surged to a four-month high. September CEO departures were up 17 percent from August and 5.7 percent from the same month a year ago.

John A. Challenger, CEO of Challenger, Gray & Christmas, says several factors are contributing to the turnover rate, including

“a volatile economy, an aging CEO population, a brighter spotlight on the CEO position and calls for more accountability on the part of corporate leadership.”

The technology industry was not immune from shakeups. We’ve compiled a list of the movements of some of IT’s big names.

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