Nokia 2014 Annual Report Download - page 88

86 NOKIA IN 2014
Corporate governance statement continued
The current members of the
Board were elected at the
Annual General Meeting held
on June 17, 2014, based on
the proposal of the Board’s
Corporate Governance and
Nomination Committee.
On the same date, the Chairman of the
Board and Vice Chairman of the Board of
Directors, as well as the chairmen and
members of the committees of the Board,
were elected from among the Board
members and among the independent
directors of the Board, respectively.
The members of the Board are elected
annually for a term ending at the close
of the next Annual General Meeting.
The election is made by a simple majority
of the shareholders’ votes cast at the
Annual General Meeting.
Chairman Risto Siilasmaa, b. 1966
Chairman of the Board of Directors of Nokia
Corporation. Board member since 2008.
Chairman since 2012.
Master of Science (Eng.) (Helsinki University
of Technology).
President and CEO of F-Secure Corporation
1988-2006.
Chairman of the Board of Directors of
F-Secure Corporation. Vice Chairman of the
Board of Directors of the Federation of Finnish
Technology Industries. Member of the Board
of Directors of the Confederation of Finnish
Industries (EK).
Chairman of the Board of Directors of Elisa
Corporation 2008-2012.
Vivek Badrinath, b. 1969
Deputy Chief Executive Ocer, Accor Group.
Board member since June 17, 2014.
Member of the Audit Committee.
École Polytechnique and ENST.
Deputy Chief Executive Ocer of Orange
2013-2014. Head of Business Services of
Orange 2010-2013. CEO of Thomson India in
2000-2004. Various technical positions with
the long-distance networks division of Orange
Group 1996-2000.
Vice Chairman Jouko Karvinen, b. 1957
Independent Director. Board member
since 2011. Vice Chairman since 2013.
Chairman of the Audit Committee.
Chairman of the Corporate Governance
and Nomination Committee.
Master of Science (Eng.) (Tampere University
of Technology).
CEO of Stora Enso Oyj 2007-2014. CEO of
Philips Medical Systems Division 2002-2006.
Member of Board of Management of
Royal Philips Electronics 2006 and Group
Management Committee 2002-2006. Holder
of executive and managerial positions at ABB
Group Limited from 1987, including Executive
Vice President, Head of Automation
Technology Products Division and Member
of Group Executive Committee 2000-2002.
Member of the Board of Directors of
Aktiebolaget SKF since 2010.
Bruce Brown, b. 1958
Independent Director. Board member
since 2012. Chairman of the Personnel
Committee. Member of the Corporate
Governance and Nomination Committee.
M.B.A. (Marketing and Finance) (Xavier
University). B.S. (Chemical Engineering)
(Polytechnic Institute of New York University).
Retired from The Procter and Gamble
Company in September 2014. Chief
Technology Ocer of The Procter & Gamble
Company 2008-2014. Various executive and
managerial positions in Baby Care, Feminine
Care, and Beauty Care units of The Procter &
Gamble Company since 1980 in the United
States, Germany and Japan.
Member of the Board of Directors of Agency
for Science, Technology & Research (A*STAR)
in Singapore. Member of the Board of
Trustees of Xavier University. Member of the
Board of Directors, the Audit Committee and
the Nominating and Corporate Governance
Committee of P. H. Glatfelter Company.
Members of the Board of Directors