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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 16 February 2024.

Board of Directors

Name

Shares(1)

ADSs(1)

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

Name

Position

Shares(1)

ADSs(1)

Pekka Lundmark

President and Chief Executive Officer

1 473 060

 

Nishant Batra

Chief Strategy and Technology Officer

487 232

 

Ricky Corker

Chief Customer Experience Officer

439 354

 

Federico Guillén

President of Network Infrastructure

455 829

 

Amy Hanlon-Rodemich

Chief People Officer

 

 

Jenni Lukander

President of Nokia Technologies

102 297

 

Esa Niinimäki

Chief Legal Officer

44 221

 

Raghav Sahgal

President of Cloud and Network Services

572 855

 

Melissa Schoeb

Chief Corporate Affairs Officer

161 814

 

Tommi Uitto

President of Mobile Networks

247 124

 

Marco Wirén

Chief Financial Officer

277 610

 

(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.