Stephen Elop

January 10, 2024
Business Executive

Quick Facts

Stephen Elop
Full Name Stephen Elop
Occupation Business Executive
Date Of Birth Dec 31, 1963(1963-12-31)
Age 61
Birthplace Ancaster
Country Canada
Birth City Ontario
Horoscope Capricorn

Stephen Elop Biography

Name Stephen Elop
Birthday Dec 31
Birth Year 1963
Place Of Birth Ancaster
Home Town Ontario
Birth Country Canada
Birth Sign Capricorn
Spouse Nancy Elop
Children(s) 5

Stephen Elop is one of the most popular and richest Business Executive who was born on December 31, 1963 in Ancaster, Ontario, Canada.

From 1981, Elop studied computer engineering and management at McMaster University, Hamilton, Ontario. After his first year at the University, Elop wrote the user operating manual, called the Orange Book, for the campus’s new computer system, VAX-11/780. During that time he helped lay 22 kilometres of Ethernet cables around campus to build one of the first computer networks in Canada. He graduated second in his class with a bachelor’s degree in 1986. In 2007, McMaster’s Faculty of Engineering made Elop the second L.W. Shemilt Distinguished Engineering Alumni Award winner and in 2009, he was awarded an Honorary Doctor of Science Degree by McMaster.

After graduating, Elop joined a Toronto-based software development firm called Soma Inc. Soma was later acquired by Lotus Development Corporation of Massachusetts, United States, and Elop moved over, serving as director of consulting. In 1992 he became CIO of Boston Chicken, until the firm filed for Chapter 11 bankruptcy in 1998.

Stephen Elop Net Worth

Net Worth $5 Million
Source Of Income Business Executive
House Living in own house.

Stephen Elop is one of the richest Business Executive from Canada. According to our analysis, Wikipedia, Forbes & Business Insider, Stephen Elop 's net worth $5 Million. (Last Update: December 11, 2023)

Stephen Elop (born 31 December 1963) is a Canadian businessman who most recently worked at Australian telecom company Telstra from April 2016. In the past he had worked for Nokia as the first non-Finn CEO and later as Executive Vice President, Devices & Services, as well as the head of the Microsoft Business Division, as the COO of Juniper Networks, as the president of worldwide field operations at Adobe Systems, in several senior positions in Macromedia and as the CIO at Boston Chicken.

Height, Weight & Body Measurements

Stephen Elop height Not available right now. Steven weight Not Known & body measurements will update soon.

Who is Stephen Elop Dating?

According to our records, Stephen Elop married to Nancy Elop. As of December 1, 2023, Stephen Elop’s is not dating anyone.

Relationships Record : We have no records of past relationships for Stephen Elop. You may help us to build the dating records for Stephen Elop!

After leaving Adobe, Elop was COO of Juniper Networks for exactly one year from January 2007 – 2008. During his short tenure he drove an internal overhaul and was credited for applying operational efficiency. In late 2007 Elop was approached by Microsoft CEO, Steve Ballmer, with whom he met several times including chairman Bill Gates. Juniper’s CEO Scott Kriens intended to name Elop as the new CEO before Elop revealed he was leaving for Microsoft. Elop named this his toughest professional moment in a Bloomberg interview. Juniper’s stock price rose 75% throughout 2007.

Facts & Trivia

Steven Ranked on the list of most popular Business Executive. Also ranked in the elit list of famous people born in Canada. Stephen Elop celebrates birthday on December 31 of every year.

On 10 September 2010, it was announced that Elop would take Nokia’s CEO position, replacing the disposed Olli-Pekka Kallasvuo, and becoming the first non-Finnish director in Nokia’s history. Nokia’s chairman Jorma Ollila commented: “Stephen has the right industry experience and leadership skills.” Some analysts had already predicted early on a potential closer Nokia and Microsoft cooperation following Elop’s debut. His tenure began on 21 September. His family stayed in Canada. On 11 March 2011 Nokia announced that it had paid Elop a $6 million signing bonus, “compensation for lost income from his prior employer,” on top of his $1.4 million annual salary.

Top Facts about Stephen Elop

  1. Stephen Elop is a Canadian businessman and technology executive.
  2. He served as CEO of Nokia from 2010 to 2013.
  3. Elop was also the head of Microsoft’s Devices Group.
  4. He has held senior positions at Juniper Networks and Adobe Systems.
  5. Elop earned a degree in computer engineering from McMaster University.
  6. In 2008, he was named one of Canada’s Top 40 Under 40.
  7. Elop is known for his leadership during Nokia’s transition to Windows Phone.
  8. He oversaw the sale of Nokia’s mobile phone business to Microsoft in 2014.
  9. Elop currently serves on the board of directors for several companies, including Telstra and Veoneer.
  10. His net worth is estimated to be around $20 million USD.

Who destroyed Nokia?

Stephen Elop destroyed all three. While Stephen Elop pushed the company toward Microsoft (MSFT), he destroyed every platform Nokia had spent years to develop: Symbian, MeeGo and Meltemi.

Was Stephen Elop a Trojan horse?

Nokia’s former chief executive has denied being planted in the firm by Microsoft before its acquisition of the company.

When did Stephen Elop leave Nokia?

He is best known for his ill-fated tenure as Nokia CEO from 2010 to 2014 , which included controversies such as the “burning platform” memo and the company’s partnership with Microsoft, resulting in the move to Windows Phone software exclusivity.

Who was CEO of Nokia when it was sold to Microsoft?

Ex-Microsoft employee Stephen Elop was CEO of Nokia leading up to the €5.4 billion deal.

Who owns Nokia now?

HMD Global Oy , branded as HMD and Nokia Mobile, is a Finnish mobile phone manufacturer. The company is made up of the mobile phone business that Nokia sold to Microsoft in 2014, then bought back in 2016. HMD began marketing Nokia-branded smartphones and feature phones on 1 December 2016.

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