By Margarita Snegireva. Mr. Daniel R. Hesse, who was appointed as President and CEO of Sprint Nextel Corporation, has resigned form Nokia Board of Directors, Nokia announced today.
Mr. Hesse was a Nokia Board member since 2005. The Nokia Board currently consists of the following ten members: Jorma Ollila, Chairman, Marjorie Scardino, Vice Chairman, Georg Ehrnrooth, Lalita Gupte, Bengt Holmstrom, Henning Kagermann, Olli-Pekka Kallasvuo, Per Karlsson, Keijo Suila and Vesa Vainio.
Nokia Corporation is a Finnish multinational communications corporation, focused on the key growth areas of wired and wireless telecommunications. Nokia is currently the world's largest manufacturer of mobile telephones, with a global device market share of approximately 39% in Q3 of 2007. Nokia produces mobile phones for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). The corporation also produces telecommunications network equipment for applications such as mobile and fixed-line voice telephony, ISDN, broadband access, voice over IP, and wireless LAN.