Hesse resigns from Nokia appointed as Sprint Nextel CEO

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.

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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.

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