
Jorma Ollila
Finnish businessman
Jorma Jaakko Ollila (born 15 August 1950) is a Finnish businessman who was chairman of Royal Dutch Shell from 1 June 2006 to May 2015, and at Nokia Corporation chairman from 1999 to 2012 and CEO from 1992 to 2006. He has been a director of Otava Books and Magazines Group Ltd.2
From Wikipedia’s article on Jorma Ollila (this version), CC BY-SA 4.0.
Born Aug 15, 1950.1
About
Perella and Peter Weinberg in 2006.
For Nokia, he was credited with turning the company into the then world's largest mobile phone maker.
From Wikipedia’s article on Jorma Ollila, shared under CC BY-SA 4.0.2
Companies
Early life and education
- Date not recordedAalto University3
- Date not recordedUWC Atlantic College3
- Date not recordedUniversity of Helsinki3
- Date not recordedLondon School of Economics and Political Science3
- Date not recordedHelsinki University of Technology3
After elementary school in Kirkon koulu, Kurikka, Finland, Ollila went to high school in Vaasan Lyseon Lukio, Vaasa, with the help of a scholarship at the United World College of the Atlantic, where he earned his 'A' levels.
Thereafter, he obtained a Master of Political Science from University of Helsinki, a Master of Science (Economics) from London School of Economics and a Master of Science (Technology) in Engineering Physics from Helsinki University of Technology.
In 2003, he was elected an honorary fellow of the London School of Economics, and was awarded honorary membership of the Institute of Electrical and Electronics Engineers (IEEE). Ollila has also received honorary doctorates from the University of Helsinki, London School of Economics, Helsinki University of Technology and the University of Vaasa.
Ollila was active in student politics, for example as the chairman of the Finnish association of student unions in 1973 and 1974, and still today participates in Finnish political debate. As a conscript in the Finnish Defence Forces, he received reserve officer training. While attending the Finnish Reserve Officer School he was the chairman of his reserve officer course.
From Wikipedia’s article on Jorma Ollila (this version), CC BY-SA 4.0.
Career
Occupation: business executive, entrepreneur, merchant, businessperson, economist.6
- Since 2013Chairperson of the executive board, Outokumpu5
- 2006 to 2014Chairperson of the executive board, Shell5
- 1999 to 2012Chairperson of the executive board, Nokia5
- 1999 to 2006Président-directeur général, Nokia5
- 1992 to 2006Chief executive, Nokia4
Prior to joining Nokia in 1985, Ollila worked for eight years in corporate banking at Citibank's London and Helsinki offices, and when he joined Nokia his tasks involved international investment deals. A year later, in 1986, Ollila was head of finance during Nokia's renewal under then CEO Kari Kairamo. He was appointed as chief of the mobile phones section in 1990, and CEO two years later in 1992. When Ollila first came to power, the company had suffered from internal disputes and had a financial crisis of a number of years.
As CEO of Nokia he has led the strategy that restructured the former industrial conglomerate into one of the major companies in the mobile phone and telecommunications infrastructure markets.
In 1999, Ollila considered taking part in the Finnish presidential election, following a request from Sauli Niinistö, a member of the National Coalition Party, who was at that time Finnish finance minister and who 12 years later became President of Finland himself. This despite that Ollila belongs to a different party, the Finnish Centre party, which he has been involved with since his activities in student politics at the University of Helsinki.
Ollila was the CEO of Nokia from 1999 to 2006. He was succeeded as CEO by Olli-Pekka Kallasvuo. On 15 September 2010, he announced he intended to step down as Chairman in 2012 and did so on 3 May 2012. He was replaced by Risto Siilasmaa.
Ollila said in a February 2011 interview with Finnish broadcaster Yle that he supported the Nokia-Microsoft partnership initiated by the CEO, Stephen Elop, and predicted the company's fortunes will strongly recover.
In a book published in September 2018 by Nokia chairman Risto Siilasmaa and presented to the Helsingin Sanomat, Ollila's leadership style was strongly criticised and Siilasmaa revealed that the two had fallen out in 2010 (Siilasmaa was a Nokia board member from 2008). Siilasmaa also claims that he believes Ollila played a part in the company's downfall. In response, Ollila claimed that this was exaggerated and not true.
Ollila was chairman of the Research Institute of the Finnish Economy (ETLA), the most reputed economic and social studies think tank in Finland. Between 2005 and 2009, he was chairman of the European Round Table of Industrialists (ERT).
Ollila is the first non-Dutch or non-British person to be the chairman of Shell. He is also the first chairman chosen for this multinational corporation in its new corporate form of Royal Dutch Shell. In October 2014, it was announced that he would be succeeded in May 2015 by the American Charles O. Holliday.
Ollila has been a board member in a number of companies, including Ford Motor Company (2000–2008).
Ollila was the chairman of the Finnish mining and metallurgy company Outokumpu from 2013 until 2018.
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Others
Ollila is a member of the steering committee at the Bilderberg Group. He participated in the 1994 conference and in every Bilderberg conference between 1997 and 2014.
From Wikipedia’s article on Jorma Ollila (this version), CC BY-SA 4.0.
Personal life
Awards
- 2013Big Brother Awards9 13
- 2008Honorary Commander of the Order of the British Empire9
- 2006Global Economy Prize9 12
- 2005Grand Cross of the Order of the Lion of Finland9
- 1999Commander of the Cross of the Order of Merit of the Republic of Poland9
- 1997Commander's Cross of the Order of Merit of the Federal Republic of Germany9
- 1997Medal for Military Merits9 11
- 1996Commander First Class of the Order of the White Rose of Finland9
- 1996Officer's Cross of the Hungarian Order of Merit9
- 1995Commander of the Order of Orange-Nassau9
- 1995Order of the White Star, 3rd Class9 10
- 1991Knight First Class of the Order of the White Rose of Finland9
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataJorma Ollila on Wikidata
- 2WikipediaJorma Ollila on Wikipedia
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- 9WikidataJorma Ollila: award, on Wikidata
- 10Wikidataaward, as reported
- 11Wikidataaward, as reported
- 12Wikidataaward, as reported
- 13Wikidataaward, as reported
- 14WikidataJorma Ollila: IMDb, on Wikidata
- 15WikidataNokia, Chief executive officer
- 16Wikimedia CommonsJorma Ollila photo by Soppakanuuna, CC BY-SA 3.0