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Jorma Ollila elected Chairman of the Nokia Board, Pekka Ala-Pietilä appointed President of Nokia
March 17, 1999
At its first meeting, Nokia´s Board of Directors elected Jorma Ollila Chairman and Iiro Viinanen Vice Chairman of the Board.
Jorma Ollila will act as Chairman and CEO of Nokia and Chairman of the Group Executive Board. He joined Nokia in 1985, has been President and CEO since 1992 and a member of Nokia´s Board of Directors since 1994.
Pekka Ala-Pietilä was appointed President of Nokia. He joined Nokia in 1984, acted as President of Nokia Mobile Phones 1992-1998 and was appointed Executive Vice President and Deputy to CEO and President of Nokia Communications Products in 1998.
The Board also elected the members to the Committees of the Board of Directors. Iiro Viinanen (Chairman), Paul J. Collins, Bengt Holmström and Jorma Ollila were elected to the Personnel Committee. Edward Andersson (Chairman), Pirkko Alitalo, Jouko K. Leskinen and Robert F.W. van Oordt were elected to the Audit Committee. Iiro Viinanen (Chairman), Paul J. Collins and Jouko K. Leskinen were elected to the Nomination Committee.
Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1998, net sales totaled FIM 79.2 billion (USD 15.7 billion, EUR 13.3 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges and on the New York Stock Exchange (NOK.A), has sales in over 130 countries and employs more than 44,000 people worldwide.
Contact information:
Nokia Corporate Communications
Tel. +358 9 1807 406
Fax +358 9 652 409
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