Nokia 2005 Annual Report Download - page 84

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Group Executive Board
According to our articles of association, we have a Group Executive Board, which is responsible for
the operative management of the Group. The Chairman and members of the Group Executive
Board are appointed by the Board of Directors. Only the Chairman of the Group Executive Board
can be a member of both the Board of Directors and the Group Executive Board.
On August 1, 2005, we announced that the Board of Directors has released Jorma Ollila, Chairman
and CEO, upon his request from his duties as the CEO and Chairman of the Group Executive Board
effective June 1, 2006. The Board of Directors has appointed Olli-Pekka Kallasvuo President and COO
with effect from October 1, 2005 until May 31, 2006. From June 1, 2006, Mr. Kallasvuo will become
President and CEO and Chairman of the Group Executive Board.
During 2005, we announced the following changes in the members of the Group Executive Board:
• Tero Ojanper¨
a was appointed Chief Strategy Officer and member of the Group Executive
Board effective January 1, 2005.
• Sari Baldauf, formerly Executive Vice President and General Manager of Networks, resigned
effective January 31, 2005.
• J.T. Bergqvist, formerly Senior Vice President and General Manager of Business Units of
Networks, resigned effective January 31, 2005.
• Simon Beresford-Wylie was appointed Executive Vice President and General Manager of
Networks and member of the Group Executive Board effective February 1, 2005.
• Pekka Ala-Pietil¨
a, formerly President of Nokia and Head of Customer and Market Operations
resigned from the Group Executive Board effective October 1, 2005. Thereafter, Mr. Ala-Pietil¨
a
served as an Executive Advisor for Nokia until January 31, 2006.
• Yrj¨
o Neuvo, formerly Senior Vice President and Technology Advisor, resigned from the
Group Executive Board effective October 1, 2005.
• Robert Andersson was appointed Executive Vice President of Customer and Market
Operations and member of the Group Executive Board effective October 1, 2005.
• Kai ¨
Oist¨
am¨
o was appointed Executive Vice President and General Manager of Mobile Phones
and member of the Group Executive Board effective October 1, 2005.
The current members of our Group Executive Board are set forth below.
Chairman Jorma Ollila, b. 1950 Chairman and CEO of Nokia Corporation.
Group Executive Board member since 1986. Group Executive
Board Chairman since 1992.
Joined Nokia 1985.
Master of Political Science (University of Helsinki), Master
of Science (Econ.) (London School of Economics), Master of
Science (Eng.) (Helsinki University of Technology).
President and CEO, and Chairman of the Group Executive
Board of Nokia Corporation 1992-1999, President of Nokia
Mobile Phones 1990-1992, Senior Vice President, Finance
of Nokia 1986-1989. Holder of various managerial
positions at Citibank within corporate banking 1978-1985.
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