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Risto Siilasmaa

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Name
  
Risto Siilasmaa

Education
  
Aalto University

Organizations founded
  
F-Secure


Risto Siilasmaa mynokiablogcomwpcontentuploads201206Screen

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Risto Kalevi Siilasmaa (born 17 April 1966 in Finland) is the Chairman, founder and former CEO of F-Secure Corporation (formerly Data Fellows), an anti-virus and computer security software company based in Helsinki, Finland. He is also the biggest shareholder of F-Secure, owning around 40% of the company. A member of Nokia's Board of Directors since 2008, he has been its Chairman from 2012 onwards, as well as Nokia's interim CEO from 3 September 2013 to 29 April 2014.

Contents

Risto Siilasmaa Nokia to Name Risto Siilasmaa as New Chairman

After being appointed chairman of Nokia in mid-2012, he has led the company in one of the most successful corporate transformations ever. Through three transactions that he negotiated - the purchase of complete ownership of NSN, the sale of the handset business to Microsoft and the recently announced acquisition of Alcatel-Lucent - Nokia has transformed from a bankruptcy candidate to a successful global technology leader. This is reflected in Nokia's value which has gone up fivefold over roughly two years. Even more revealingly, the enterprise value has grown from a low of only less than 1.5 billion euros soon after Siilasmaa started as chairman to well over 20 billion euros in early 2015.

Risto Siilasmaa DailyTech Nokia to Focus on NSN HERE Advanced

The transformation of Nokia has also included Siilasmaa renewing the board and the management. Actually, only the company CFO Timo Ihamuotila is left from the previous phase of the company. Siilasmaa has often stated that all the atoms in Nokia have been changed but the spirit of the 150-year-old company live on.

Risto Siilasmaa Nokia chair Siilasmaa 39proud39 of Elop contract Yle

Siilasmaa is also well known as a business angel, investing in several technology startups such as Frosmo, Enevo and Wolt, and serving in their boards of directors. In his investing, he has stated that he is sometimes "motivated by soft values, not maximum returns."

Risto Siilasmaa Board of Directors

Avp tlt risto siilasmaa


Education

Siilasmaa has a Master of Science degree from Helsinki University of Technology, Department of Industrial Engineering and Management.

References

Risto Siilasmaa Wikipedia