Nokia 2014 Annual Report Download - page 90

88 NOKIA IN 2014
Dennis Strigl, b. 1946
Retired CEO of Verizon Wireless, Author and
Consultant. Board member since June 17,
2014. Member of the Personnel Committee.
Doctorate, Humane Letters (Honorary)
Canisius College, Master of Business
Administration (MBA) Farleigh Dickinson
University, Bachelor of Science in Business
Administration Canisius College.
President & Chief Operating Ocer of Verizon
Communications Corporation 2007-2009.
President & Chief Executive Ocer of Verizon
Wireless and Executive Vice President of
Verizon Communications 2000-2007.
President and Chief Executive Ocer of Bell
Atlantic Mobile 1991-2000. Group President
and Chief Executive Ocer of Bell Atlantic
Global Wireless 1995-2000. Vice President
and Chief Operating Ocer New Jersey Bell
1990. Vice President Product Management
Bell Atlantic Corporation 1989. Various
executive and managerial positions in wireless
communications industry, including President
and Chief Executive Ocer Applied Data
Research of Ameritech Communications
Corporation 1987-1988 and President
Ameritech Mobile 1984-1986.
Member of the Board of Directors of
Anadigics, Inc. and PNC Financial Services
Group and PNC Bank. Adjunct Professor,
Princeton University.
Member of the Board of Directors of
Eastman Kodak Company 2008-2013.
Corporate governance statement continued
The following individuals served on Nokia
Board until the close of the Annual General
Meeting held on June 17, 2014:
Henning Kagermann, b. 1947
Board member 2007-2014. Served as the
chairman of the Personnel Committee and as
a member of the Corporate Governance and
Nomination Committee until June 17, 2014.
Helge Lund, b. 1962
Board member 2011-2014. Served as a
member of the Personnel Committee and as
a member of the Corporate Governance and
Nomination Committee until June 17, 2014.
Proposal of the Corporate Governance and
Nomination Committee for Composition of
the Board of Directors in 2015
On January 29, 2015, the Corporate
Governance and Nomination Committee
announced its proposal to the Annual General
Meeting convening on May 5, 2015 regarding
the composition of the Board for the
one-year term starting from the Annual
General Meeting in 2015 until the close
of the Annual General Meeting in 2016.
The Committee proposed that the number
of Board members be eight and that the
following current members of the Board be
re-elected as members of the Nokia Board for
a term until the close of the Annual General
Meeting in 2016: Vivek Badrinath, Bruce
Brown, Elizabeth Doherty, Jouko Karvinen,
Elizabeth Nelson, Risto Siilasmaa and
KariStadigh.
In addition, the Committee proposed that
Simon Jiang be elected as a new member
of the Board for the same term until the
close of the Annual General Meeting in 2016.
Election of the Chairman of the Board of
Directors and Vice Chairman of the Board
of Directors and the chairmen and members
of the Board’s Committees
The Chairman of the Board and the Vice
Chairman of the Board of Directors are
elected from among the members of the
Board by the new Board and conrmed by
the independent directors of the Board based
on the recommendation of the Corporate
Governance and Nomination Committee. The
independent directors of the new Board also
conrm 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
qualication standards. These elections will
take place at the Board’s assembly meeting
following the Annual General Meeting in 2015.
On January 29, 2015, 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 5, 2015, that Risto Siilasmaa be elected
as Chairman of the Board and Jouko Karvinen
as Vice Chairman of the Board of Directors,
subject to their election to the Board.
Members of the Board of Directors continued