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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 18 January 2021.

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 Chief Executive Officer

788 850

 

Nassib Abou-Khalil

Chief Legal Officer

40 204

 

Nishant Batra

Chief Strategy and Technology Officer

 

 

Ricky Corker

Chief Customer Experience Officer

193 021

 

Federico Guillén

President of Network Infrastructure

214 201

 

Jenni Lukander

President of Nokia Technologies

9 767

 

Raghav Sahgal

President of Cloud and Network Services

245 357

 

Tommi Uitto

President of Mobile Networks

47 451

 

Stephanie Werner-Dietz

Chief People 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.