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Risto Siilasmaa leave the board of directors Sari Baldauf will rise as the new chairman of the board

network equipment company nokia's chairman of the board Risto Siilasmaa is not going to continue anymore, the nokia board of directors. Nokia stock exchange release according to Siilasmaa, will leave his position next year at the annual general meeting, which is scheduled for 8. April 2020. Siilasmaa, has stated that he will no longer stand for election to the board of Nokia in the year 2020 at the annual general meeting.

meanwhile, Nokia informed that siilasmaa, the place rises Sari Baldauf . Nokia, according to the board the nomination committee proposes Baldaufia. The agm decided to baldauf's appointment.

Siilasmaa was elected to the Nokia board of directors in 2008 and he was appointed as chairman of the board in 2012. He served as nokia's interim ceo from 2013 to 2014.

Baldauf joined the Nokia board of directors as an independent board member of the year 2018. He is also Daimler AG's supervisory board and the nomination committee member of the Aalto university member of the board. Baldauf was nokia's network business director from 1998 to 2005 and before that, she served in several Nokia management positions in Finland and in the united states. Baldauf was until 2018 Fortum Oyj chairman of the board of Deutsche telecom's board member.

board of directors the nomination committee presents as the new deputy chairman board member Kari Stadighia.

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