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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 26 November 2020.

Board of Directors

Name

Shares(1)

ADSs(1)

Sari Baldauf (Board Chair)

163 220

 

Kari Stadigh (Board Vice Chair)

308 190

 

Bruce Brown

 

165 788

Thomas Dannenfeldt

30 299

 

Jeanette Horan

60 630

 

Edward Kozel

 

86 698

Elizabeth Nelson

 

107 860

Søren Skou 

31 707

 

Carla Smits-Nusteling

78 708

 

Group Leadership Team

Name

Position

Shares(1)

ADSs(1)

Pekka Lundmark

President and CEO

788 850

 

Nassib Abou-Khalil

Chief Legal Officer

40 204

 

Basil Alwan

Co-president of IP/Optical Networks

206 333

81 000

Rick Corker

President of Customer Operations, Americas

193 021

 

Barry French

Chief Marketing Officer

319 006

 

Sanjay Goel

President of Global Services

130 784

 

Bhaskar Gorti

President of Nokia Software

472 273

 

Federico Guillén

President of Customer Operations Officer, EMEA & APAC

214 201

 

Jenni Lukander

President of Nokia Technologies

9 767

 

Sandra Motley

President of Fixed Networks

23 092

 

Sri Reddy

Co-president of IP/Optical Networks

398 814

100 000

Raghav Sahgal

President of Nokia Enterprise

245 357

 

Gabriela Styf Sjӧman

Chief Strategy Officer

4 000

 

Tommi Uitto

President of Mobile Networks

47 451

 

Marcus Weldon

Chief Technology Officer and President of Bell Labs

77 482

 

Stephanie Werner-Dietz

Chief Human Resources Officer

17 304

 

Marco Wirén

Chief Financial Officer

78 000

 

(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.