Management shareholding
Share ownership of the Board of Directors and the Nokia Group Leadership Team
The following tables set forth the number of shares and ADSs held by the members of the Board, the President and CEO and the other members of the Group Leadership Team as of 14 January 2026.
Board of Directors
Name |
Shares⁽¹⁾ |
ADSs⁽¹⁾ |
|---|---|---|
Sari Baldauf (Board Chair) |
385 046 |
|
Timo Ihamuotila (Board Vice Chair) |
119 624 |
|
Timo Ahopelto |
64 082 |
|
Elizabeth Crain |
67 467 |
|
Thomas Dannenfeldt |
166 802 |
|
Pernille Erenbjerg |
17 840 |
|
Lisa Hook |
78 290 |
|
Mike McNamara |
42 664 |
|
Thomas Saueressig |
74 322 |
|
Kai Öistämö |
78 264 |
Group Leadership Team
Name |
Position |
Shares⁽¹⁾ |
ADSs⁽¹⁾ |
|---|---|---|---|
Justin Hotard |
President and Chief Executive Officer |
609 274 |
|
Louise Fisk |
Chief Communications & Marketing Officer |
66 214 |
|
Patrik Hammarén |
President of Technology Standards |
49 507 |
|
Victoria Hanrahan |
Chief of Staff to Nokia’s President and CEO |
||
Mikko Hautala |
Chief Geopolitical and Government Relations Officer |
2 800 |
|
David Heard |
President of Network Infrastructure |
356 598 |
|
Pallavi Mahajan |
Chief Technology and AI Officer |
||
Esa Niinimäki |
Chief Legal and Administrative Officer and Interim CPO |
108 065 |
|
Konstanty Owczarek |
Chief Corporate Development Officer |
||
Raghav Sahgal |
Chief Customer Officer |
808 174 |
|
Marco Wirén |
Chief Financial Officer |
394 157 |
(1) The number of shares or ADSs includes shares received as executive compensation as well as shares and ADSs acquired through other means. Stock options or other equity awards that are deemed as being beneficially owned under the applicable SEC rules are not included.