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Richard A. Simonson, b. 1958

Executive Vice President, Chief Financial Officer.

  • Group Executive Board member since 2004.
  • Joined Nokia 2001.

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Bachelor of Science (Mining Eng.) (Colorado School of Mines), Master of Business Administration (Finance) (Wharton School of Business at University of Pennsylvania).

Vice President & Head of Customer Finance of Nokia Corporation 2001-2003, Managing Director of Telecom & Media Group of Barclays 2001, Head of Global Project Finance and other various positions at Bank of America Securities 1985-2001.

Member of the Board of Directors of Nokia Siemens Networks B.V. Member of the Board of Directors of Electronic Arts, Inc. Member of the Board of Trustees of International House —New York. Member of US Treasury Advisory Committee on the Auditing Profession.
Biography

As Executive Vice President and Chief Financial Officer, Richard A. Simonson has responsibility for group Finance and Control, Treasury, Investor Relations, Customer Finance, Mergers & Acquisitions, Business Improvement Services Team and Indirect Sourcing.

Rick joined Nokia in 2001 as Vice President, Head of Customer Finance, negotiating and monitoring financial exposures and was responsible for finding third-party financing solutions for Nokia customers. In this capacity Rick was also instrumental in Nokia’s worldwide effort to assure the financial strength and flexibility of its four business groups going forward, while simultaneously serving the best interests of Nokia shareholders.

Prior to joining Nokia, Rick held the key position of Managing Director, Telecom & Media Investment Banking Group, San Francisco, at Barclays Capital. Before this Rick spent 16 years at Bank of America Securities, where he climbed the career ladder and was appointed Managing Director & Head of Global Project Finance, Global Corporate & Investment Bank, San Francisco and Chicago, in 1999.

Rick has been a member of the Group Executive Board of Nokia since 2004. On April 1, 2007 he was appointed Member of the Board of Nokia Siemens Networks.

He holds a bachelor’s degree in science and mining engineering from the Colorado School of Mines, and a master’s degree in business administration and finance from the Wharton School of Business at the University of Pennsylvania, Philadelphia.

Rick was born August 25, 1958, in Middletown, Ohio, USA. He is married and has five children. In his spare time, he enjoys jogging, golf and downhill skiing.



Languages:
English

Position:

1.1.2004 Senior Vice President, Chief Financial Officer
1.1.2004 Nokia Group, Member of the Group Executive Board

Previous positions:

2001-2003 Nokia, Vice President, Head of Customer Finance
2001 Barclays Capital, Managing Director, Telecom & Media Investment Banking Group, San Francisco
1999-2001 Bank of America Securities, Managing Director & Head of Global Project Finance, Global Corporate & Investment Bank, San Francisco and Chicago
1995-1999 Bank of America Securities, Managing Director, Telecommunications Global Project Finance, Global Corporate & Investment Bank, San Francisco
1992-1995 Continental Bank and Bank of America, Managing Director and Co-Head of Asset Securitization Group, Chicago
1985-1992 Bank of America, VP, Asset Securitization, Syndications, Mergers & Acquisitions, San Francisco
1981-1983 Homestake Mining Company, Mine Supervisor and Mine Engineer, Creede, Colorado
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