Changes in Nokia Group Executive Board: Hallstein Moerk to Retire and Juha Akras to Head Human Resources, Joins Group Executive Board

January 28, 2010

ESPOO, Finland, January 28 /PRNewswire-FirstCall/ — Nokia (NYSE:NOK)
today announced that Juha Akras has been appointed Executive Vice President
of Human Resources. The nomination comes into effect as of April 1, 2010. At
the same time, he will become a member of the Group Executive Board. Akras is
currently Senior Vice President, co-heading Human Resources with Hallstein
Moerk, the current Executive Vice President of Human Resources.

Hallstein Moerk will start transition to retirement and he steps down
from his current position as head of HR at the end of March, 2010, after
eleven years heading Human Resources at Nokia. He will leave the Nokia Group
Executive Board at the same time. Until his retirement at the end of
September 2010, Hallstein Moerk will act as Executive Advisor in Nokia.

Says Nokia CEO, Olli-Pekka Kallasvuo: “Hallstein Moerk has been heading
Human Resources at Nokia for eleven successful years. His vision and ideas
have been the driving force behind many of the reforms and innovations that
have ensured Nokia has developed a world-class human resources function and
people practices, with a strategic role in increasing the company’s
competitiveness. Juha Akras has extensive business experience, in both global
and regional roles, in addition to his more recent role co-heading Human
Resources with Hallstein. He is therefore the ideal person to continue to
drive excellence in Human Resources at Nokia.”



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About Nokia

Nokia is a pioneer in mobile telecommunications and the world’s leading
maker of mobile devices. Today, we are connecting people in new and different
ways – fusing advanced mobile technology with personalized services to enable
people to stay close to what matters to them. We also provide comprehensive
digital map information through NAVTEQ; and equipment, solutions and services
for communications networks through Nokia Siemens Networks.


SOURCE Nokia Corporation

Source: newswire

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