Nokia's Board of Directors has appointed Stephen Elop President and CEO of Nokia. He will assume the role beginning September 21. Elop is currently President of Microsoft's Business Division , and has held senior exec positions at Juniper Networks, Adobe, and Macromedia. "The time is right to accelerate the company's renewal; to bring in new executive leadership with different skills and strengths in order to drive company success," said Jorma Ollila,