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In 1992, Kallasvuo was named Executive Vice President and Chief Financial Officer.
In 1997-1998 he served as Corporate Executive Vice President, Nokia United States, being responsible for all Nokia's business operations in the US.
He returned to the position of Chief Financial Officer at the beginning of 1999, the position he had held prior to moving to the United States.
From 2004 – 2005 Kallasvuo was Executive Vice President and General Manager of Mobile Phones.
On October 1, 2005 he was named President and COO.
From June 1, 2006, he was President and Chief Executive Officer of Nokia Corporation.
He was succeeded by Stephen Elop on September 21, 2010.
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