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Posts Tagged ‘Nokia’

Reversal of fortune for Shell/Nokia Chairman, Jorma Ollila

By John Donovan

In August 2005, Royal Dutch Shell Plc announced the appointment of an “outsider”, Jorma Ollila, as its non-executive Chairman.

In announcing Mr. Olilla’s appointment, Shell’s board highlighted the infusion of fresh blood. “We were looking world-wide for a chairman with international standing, a global outlook, and proven success in managing a complex organization,” said Lord Kerr of Kinlochard, Shell’s deputy chairman, who led the job-search committee. “In Jorma Ollila we found all these qualities, and more.” read more

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Ollila appointment does not breach combined code but mocks its spirit

Financial Times: Ollila appointment does not breach combined code but mocks its spirit

“Shell’s appointment of Mr Jorma Ollila as chairman of the newly unified company has been widely welcomed – not least by its institutional shareholders. It appears to have escaped their notice that Mr Ollila will remain chairman of Nokia…”

Tuesday 9 August 2005

By JAB Joll

Published: August 9 2005

From Mr J. A. B. Joll.

Sir, Shell’s appointment of Mr Jorma Ollila as chairman of the newly unified company has been widely welcomed – not least by its institutional shareholders. It appears to have escaped their notice that Mr Ollila will remain chairman of Nokia, though he is relinquishing the role of chief executive officer that he also currently holds. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.