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After the dismal performance this past quarter at Nokia, as expected of a company caught in its own death-ward spiral, instead of firing the suits that led to this performance Nokia decided to conduct a game of Musical chairs and shuffle the execs around.

“CFO Rick Simonson is being whisked over to a new post as head of the Mobile Phones group — concentrating on Series 30 and Series 40 handsets — within the Devices division, while Timo Ihamuotila, who currently leads up global sales, will take over for the CFO position being vacated by Simonson. For what it’s worth, the move doesn’t seem like a demotion for Simonson; he’ll be in charge of “strategic sourcing” for the entire Devices division and still sit on the executive board, so we’re sure he’ll be doing alright for himself. All things considered, there’s no way of knowing whether this would’ve all gone down without the quarterly performance, but it makes you wonder, doesn’t it?”

Nokia Press Release