Nokia plans board of directors refresh, chairman to step down

Thursday, January 26, 2012

Nokia plans board of directors refresh, chairman to step down

Following on from today's mixed bag of Nokia financials, the Espoo-based company will see some changes on its directorial board, after its Annual General Meeting in a few months. As forecast last year, non-executive chairman Jorma Ollola joined Nokia in 1985 and has been on the board through Nokia's explosive growth into the world's biggest handset manufacturer -- and its more recent troubles. He will leave the board alongside more recent members Bengt Holmström and Per Karlsson, while existing board memeber Risto Siilasmaa is currently pegged to take the helm once the new board of directors is formed. New candidates earmarked for the board include Bruce Brown, of Procter and Gamble, Mårten Mickos, CEO of Eucalyptus Systems and independent corporate advisor Elizabeth Nelson. The whole Nokia nitty-gritty awaits at the source below.