Nokia 2012 Annual Report Download - page 139

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On January 24, 2013, 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 7, 2013 that Risto Siilasmaa be elected as Chairman of the Board and Jouko Karvinen as Vice
Chairman of the Board.
Nokia Leadership Team
According to our Articles of Association, the Nokia Leadership Team is responsible for the operative
management of the Company. The Chairman and members of the Nokia Leadership Team are
appointed by the Board of Directors. Only the Chairman of the Nokia Leadership Team, the President
and Chief Executive Officer, can be a member of both the Board of Directors and the Nokia Leadership
Team.
During 2012, the following appointments were made to the Nokia Leadership Team:
• Marko Ahtisaari was appointed Executive Vice President of Design and member of the Nokia
Leadership Team as from February 1, 2012.
• Juha Putkiranta was appointed Executive Vice President of Operations and member of the Nokia
Leadership Team as from July 1, 2012.
• Timo Toikkanen was appointed Executive Vice President of Mobile Phones and member of the
Nokia Leadership Team as from July 1, 2012.
• Chris Weber was appointed Executive Vice President of Sales and Marketing and member of the
Nokia Leadership Team as from July 1, 2012.
Further, during 2012, the following Nokia Leadership Team members resigned:
• Jerri DeVard, formerly Executive Vice President and Chief Marketing Officer, stepped down from
the Nokia Leadership Team effective June 30, 2012.
• Colin Giles, formerly Executive Vice President of Sales, stepped down from the Nokia Leadership
Team effective June 30, 2012 and left Nokia on September 30, 2012.
• Mary T. McDowell, formerly Executive Vice President of Mobile Phones stepped down from the
Nokia Leadership Team effective June 30, 2012 and left Nokia on December 31, 2012.
• Niklas Savander, formerly Executive Vice President of Markets stepped down from the Nokia
Leadership Team effective June 30, 2012 and left Nokia on February 28, 2013.
• Esko Aho, formerly Executive Vice President of Corporate Relations and Responsibility stepped
down from the Nokia Leadership Team and left Nokia effective August 31, 2012. He continues as
an external consultant to Nokia.
The current members of the Nokia Leadership Team are set forth below.
Chairman Stephen Elop, b. 1963 President and CEO of Nokia Corporation. Member of the Board
of Directors of Nokia Corporation. Nokia Leadership Team
member and Chairman since 2010. Joined Nokia 2010.
Bachelor of Computer Engineering and Management
(McMaster University, Hamilton, Canada). Doctor of Laws,
honorary (McMaster University, Hamilton, Canada).
President of Microsoft Business Division and member of senior
membership team of Microsoft Corporation 2008-2010. COO,
Juniper Networks, Inc. 2007-2008. President, Worldwide Field
Operations, Adobe Systems Inc. 2005-2006. President and
CEO (last position), Macromedia Inc. 1998-2005.
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