The AGM of Nokia Corp. (NOK) resolved to elect ten members to the Board of Directors. Bruce Brown, Stephen Elop, Henning Kagermann, Jouko Karvinen, Helge Lund, Marten Mickos, Elizabeth Nelson, Risto Siilasmaa and Kari Stadigh were re-elected for a term ending at the close of the Annual General Meeting in 2014.
The company said Elizabeth Doherty was elected as new member of the Board for the same term.
In its assembly meeting, the Board of Directors elected Risto Siilasmaa as Chairman of the Board, and Jouko Karvinen as Vice Chairman of the Board.
The company stated that its Board of Directors also elected the members of the Board Committees. Henning Kagermann was elected as Chairman and Bruce Brown, Helge Lund and Kari Stadigh as members of the Personnel Committee.
Jouko Karvinen, was elected as Chairman and Elizabeth Doherty and Elizabeth Nelson as members of the Audit Committee. Risto Siilasmaa was elected as Chairman and Henning Kagermann, Jouko Karvinen, Helge Lund as members of the Corporate Governance and Nomination Committee, Nokia noted.
The AGM authorized the Board of Directors to resolve to repurchase a maximum of 370 million Nokia shares. The authorization is effective until June 30, 2014. The Board has no current plans for repurchases during 2013.
The AGM also resolved to authorize the Board of Directors to issue a maximum of 740 million shares through issuance of shares or special rights entitling to shares in one or more issues. Under the authorization, the Board may issue new shares or shares held by the Company. The authorization
is effective until June 30, 2016.
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