Nokia 2009 Annual Report Download - page 119

The Chairman and a Vice Chairman are elected by the new Board and confirmed by the independent
directors of the Board from among the Board members upon the recommendation of the Corporate
Governance and Nomination Committee. The independent directors of the new Board will also
confirm the election of the members and Chairmen for the Board’s Committees from among the
Board’s independent directors upon the recommendation of the Corporate Governance and
Nomination Committee and based on each committee’s member qualification standards. These
elections will take place at the Board’s assembly meeting following the Annual General Meeting.
On January 28, 2010, the Corporate Governance and Nomination Committee announced that it will
propose in the assembly meeting of the new Board of Directors after the Annual General Meeting on
May 6, 2010 that Jorma Ollila be elected as Chairman of the Board and Dame Marjorie Scardino as Vice
Chairman of the Board.
Group Executive Board
According to our Articles of Association, we have a Group Executive Board that is responsible for the
operative management of the company. 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.
Alberto Torres, Executive Vice President, Head of Solution Unit, was appointed as a member of the
Group Executive Board as of October 1, 2009. Robert Andersson left the Group Executive Board as of
September 30, 2009 to head Nokia Corporate Alliances and Business Development. Simon Beresford
Wylie, left the Group Executive Board and the position of Chief Executive Officer of Nokia Siemens
Networks as of September 30, 2009 and left the company on November 1, 2009. Timo Ihamuotila
was appointed as Chief Financial Officer as of November 1, 2009, while Rick Simonson, Chief Financial
Officer until October 31, 2009, was appointed Head of Mobile Phones within Devices. Both
Mr. Ihamuotila and Mr. Simonson continued as members of the Group Executive Board.
Juha A
¨kra
¨s has been appointed Executive Vice President of Human Resources as of April 1, 2010. At
the same time, he will become a member of the Group Executive Board. Mr. A
¨kra
¨s is currently Senior
Vice President, coheading Human Resources with Mr. Moerk, the current Executive Vice President of
Human Resources. Mr. Moerk will leave the Group Executive Board as of March 31, 2010 and will act as
Executive Advisor in Nokia until his retirement at the end of September 2010.
The current members of our Group Executive Board are set forth below.
OlliPekka Kallasvuo, b. 1953
President and CEO of Nokia Corporation.
Member of the Board of Directors of Nokia Corporation.
Group Executive Board member since 1990, Chairman
since 2006.
With Nokia 19801981, rejoined 1982.
LL.M. (University of Helsinki).
President and COO of Nokia Corporation 20052006, Executive
Vice President and General Manager of Nokia Mobile Phones
20042005, Executive Vice President, CFO of Nokia 19992003,
Executive Vice President of Nokia Americas and President of
Nokia Inc. 19971998, Executive Vice President, CFO of Nokia
19921996, Senior Vice President, Finance of Nokia
19901991.
Chairman of the Board of Directors of NAVTEQ Corporation and
Nokia Siemens Networks B.V. Member of the Board of the
Confederation of Finnish Industries EK. Member of The
European Round Table of Industrialists.
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