Nokia confirms Baldauf as new board chairwoman

Wednesday, 27. May 2020 16:43

Nokia Corporation revealed on Wednesday that Sari Baldauf (pictured left) has been elected as the new chairwoman of the Board of Directors, thus confirming the earlier announcement.

Baldauf will, therefore, replace Risto Siilasmaa (pictured right), who held the position for the last eight years. The Finnish telecommunications company also revealed that nine members have been elected to the Board, while also declaring that no dividend will be paid out for the financial year 2019.

Nokia's Annual General Meeting (AGM) "authorized the Board to resolve to repurchase a maximum of 550 million Nokia shares," with the authorization ending on October 7, 2021.

Related Links: Nokia Corp.
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Breaking the News / MS