Nokia CFO receives share-based compensation

Published 22-01-2025, 09:56 pm

HELSINKI - Nokia (HE:NOKIA) Corporation announced on Wednesday that its Chief Financial Officer, Marco Wirén, has received a share-based compensation. The transaction, which took place on January 22, 2025, is in accordance with Article 19 of the Market Abuse Regulation.

The notification provided by Nokia did not specify the unit price of the shares awarded to Wirén, but disclosed that the volume of shares received was 36,729. The nature of the transaction was described as the receipt of share-based compensation, a common practice among corporations to align the interests of executives with those of shareholders.

Nokia, a leader in B2B technology and innovation, is known for pioneering future network solutions that are perceptive, cognitive, and intelligent. The company's leadership is grounded in its expertise in fixed, mobile, and cloud network services. Leveraging intellectual property rights and long-term research and development led by the esteemed Nokia Bell Labs, Nokia continues to create value through its network solutions. These solutions are designed to integrate seamlessly into various ecosystems, offering new opportunities for commercialization and scalability.

Service providers, enterprises, and partners worldwide rely on the performance, responsibility, and security standards of Nokia's networks. The company collaborates closely with its partners to develop future digital services and applications.

The information regarding the share-based compensation to CFO Marco Wirén is based on a press release statement from Nokia. The announcement demonstrates Nokia's commitment to its executive leadership team through financial incentives that are tied to the company's performance and shareholder value.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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