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Nokia: to propose Sari Baldauf as new chairwoman

(CercleFinance.com) - Nokia's board on Tuesday proposed its vice chairwoman Sari Baldauf as its new chairwoman as of the next annual general meeting, scheduled for April 2020.


The Finnish telecom gear maker said that its board chairman, Risto Siilasmaa, has informed the board that he will not stand for re-election at its annual general meeting next year.

Siilasmaa joined the board in 2008 and was appointed as chairman in 2012. He also served as interim CEO of Nokia from 2013 to 2014.

Baldauf joined the Nokia board as a non-executive director in 2018. She was the general manager of Nokia's network business group from 1998 to 2005.

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