Skip to main content

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 25 May 2023.

Board of Directors




Sari Baldauf (Board Chair)

290 575


Søren Skou (Board Vice Chair)

89 325


Timo Ahopelto

21 418


Elizabeth Crain


22 771

Thomas Dannenfeldt

117 597


Lisa Hook


35 626

Jeanette Horan


116 476

Thomas Saueressig 

34 705


Carla Smits-Nusteling

135 973


Kai Öistämö

35 724


Group Leadership Team





Pekka Lundmark

President and Chief Executive Officer

1 289 304


Nishant Batra

Chief Strategy and Technology Officer

441 079


Ricky Corker

Chief Customer Experience Officer

364 155


Federico Guillén

President of Network Infrastructure

408 813


Amy Hanlon-Rodemich

Chief People Officer



Jenni Lukander

President of Nokia Technologies

76 788


Esa Niinimäki

Chief Legal Officer

29 112


Raghav Sahgal

President of Cloud and Network Services

393 417


Melissa Schoeb

Chief Corporate Affairs Officer

160 526


Tommi Uitto

President of Mobile Networks

191 772


Marco Wirén

Chief Financial Officer

230 254


(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.