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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 8 November 2024.

Board of Directors

Name

Shares(1)

ADSs(1)

Sari Baldauf (Board Chair)

343 568

 

Søren Skou (Board Vice Chair)

114 397

 

Timo Ahopelto

45 350

 

Elizabeth Crain

 

47 843

Thomas Dannenfeldt

144 948

 

Lisa Hook

 

59 558

Mike McNamara

 

23 932

Thomas Saueressig 

56 928

 

Carla Smits-Nusteling

160 475

 

Kai Öistämö

59 086

 



Group Leadership Team

Name

Position

Shares(1)

ADSs(1)

Pekka Lundmark

President and Chief Executive Officer

1 573 826

 

Nishant Batra

Chief Strategy and Technology Officer

335 869

 

Louise Fisk

Chief Communications Officer

37 070

 

Lorna Gibb

Chief People Officer

16 477

 

Federico Guillén

President of Network Infrastructure

480 262

 

Patrik Hammarén

Acting President of Nokia Technologies

21 955

 

Mikko Hautala

Chief Geopolitical and Government Relations Officer

2 800

 

Esa Niinimäki

Chief Legal Officer

49 903

 

Raghav Sahgal

President of Cloud and Network Services

618 318

 

Tommi Uitto

President of Mobile Networks

268 619

 

Marco Wirén

Chief Financial Officer

321 441

 

(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.