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Royal Dutch Shell names Nokia CEO Jorma Ollila as new chairman

AFX Europe (Focus): Royal Dutch Shell names Nokia CEO Jorma Ollila as new chairman

“Royal Dutch Shell PLC today named outgoing Nokia chairman and chief executive Jorma Ollila as its new non-executive chairman starting June 1 next year.”

Thursday Aug 04, 2005

LONDON (AFX) – Royal Dutch Shell PLC today named outgoing Nokia chairman and chief executive Jorma Ollila as its new non-executive chairman starting June 1 next year.

Ollila will succeed Aad Jacobs at Shell and steps down as CEO of Nokia on the same date.

He joined Nokia in 1985 and took up the top job in 1992.

In a statement, Shell said: “As Nokia CEO he presented an ambitious strategy that successfully restructured the former industrial conglomerate and, along with his team, accelerated its growth into one of the most successful companies in both the mobile phone and telecommunications infrastructure markets.”

Shell’s chief executive Jeroen van der Veer added: “He comes to us with a wealth of valuable experience and an excellent record of success. We are sure that we have found the best person for the job.”

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