Nokia Here chief Halbherr steps down a few months after taking CEO role

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Michael Halbherr has stepped down as CEO of Nokia Here, the Finnish firm’s mapping and location-based services division, after just a few months in the role. He had been with Nokia for eight years and on its leadership team for three, but he only took the Here CEO spot on 1 May this year. The team is now looking for a new chief, under the temporary leadership of Core Map Group SVP Cliff Fox. The division is currently unprofitable, but is betting on success in the connected car market in particular. According to a Wednesday statement, Halbherr quit in order to “focus once again on entrepreneurial activities.”

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Rann Xeroxx

Not sure why MS did not just buy this and Nokia sell it to supplement Bing Maps.

ObserverTech

Maybe the ROI and cost to run the HERE (Navteq) business ($1B/yr)?

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