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As Executive Vice President and Chief Financial Officer, Richard A. Simonson has responsibility for group Finance and Control, Treasury, Investor Relations, Customer Finance, Mergers & Acquisitions, Business Improvement Services Team and Indirect Sourcing.
Rick joined Nokia in 2001 as Vice President, Head of Customer Finance, negotiating and monitoring financial exposures and was responsible for finding third-party financing solutions for Nokia customers. In this capacity Rick was also instrumental in Nokia’s worldwide effort to assure the financial strength and flexibility of its four business groups going forward, while simultaneously serving the best interests of Nokia shareholders.
Prior to joining Nokia, Rick held the key position of Managing Director, Telecom & Media Investment Banking Group, San Francisco, at Barclays Capital. Before this Rick spent 16 years at Bank of America Securities, where he climbed the career ladder and was appointed Managing Director & Head of Global Project Finance, Global Corporate & Investment Bank, San Francisco and Chicago, in 1999.
Rick has been a member of the Group Executive Board of Nokia since 2004. On April 1, 2007 he was appointed Member of the Board of Nokia Siemens Networks.
He holds a bachelor’s degree in science and mining engineering from the Colorado School of Mines, and a master’s degree in business administration and finance from the Wharton School of Business at the University of Pennsylvania, Philadelphia.
Rick was born August 25, 1958, in Middletown, Ohio, USA. He is married and has five children. In his spare time, he enjoys jogging, golf and downhill skiing. | 