Risto Siilasmaa

Risto Siilasmaa Email and Phone Number

Helsinki, FI
Risto Siilasmaa's Location
Helsinki, Uusimaa, Finland, Finland
About Risto Siilasmaa

I founded F-Secure in 1988 and continued to run the company as CEO until November 2006. After we split the company in two, I chair the b2b side i.e. WithSecure and am a board member of the b2c side i.e. F-Secure. I continue to be the largest shareholder of both.I served as chairman of Elisa Corporation between 2008-2012. I had to step down from the Elisa board when I was appointed chairman of Nokia in mid-2012. Nokia was in a very difficult situation at that time and I and the board had to make significant changes to ensure Nokia's survival. I led a negotiation process that resulted in a deal to sell the Nokia handset business to Microsoft. During that process we also acquired the half of NSN that we did not already own from Siemens.When we announced the Microsoft deal, I took the Interim CEO role and led the company until the closing of the deal eight months later. During that period we created a new vision for Nokia, built a strategic plan, designed a new organizational model, appointed a new management team and a new CEO.During that period we also started a dialogue with Alcatel-Lucent that culminated in a decision to acquire all of Alcatel-Lucent. The deal was announced in April 2015. As a result of the first two deals, and the new strategy, Nokia's enterprise value increased roughly 15 fold from a low of 1,5B to over 20B during the first two years of my tenure.I am currently focused on promoting entrepreneurship, investing in young high growth companies, supporting the CEOs of my portfolio companies and working on various international projects.I invest via First Fellow, my family office. We have a little over 50 portfolio companies, five of which have reached unicorn status. We aim to maintain a 10% hit rate in terms of unicorns while predominantly investing at the preseed stage. I love working side by side with founders and aim to make them happy and successful. We like to think of ourselves as the “first and last investor”. We invest early but are not exit focused. We have, in some cases, remained a major shareholder for 20+ years, and been disappointed when the company was acquired. We would have preferred to see the company grow a little bit further on its own. I am actively involved with Aalto University in multiple roles related to fund raising, entrepreneurship and science. I also serve IESE on their advisory board. I am an active nature photographer, sports enthusiast and student.

Risto Siilasmaa's Current Company Details
F-Secure Corporation

F-Secure Corporation

View
Founder
Helsinki, FI
Website:
f-secure.com
Employees:
1733
Risto Siilasmaa Work Experience Details
  • F-Secure Corporation
    Founder
    F-Secure Corporation
    Helsinki, Fi
  • Withsecure
    Founder And Chairman
    Withsecure May 1988 - Present
    Helsinki, Fi
    Founder and CEO of F-Secure until 2006Chairman of F-Secure from 2006WithSecure was split from F-Secure in 2022
  • F-Secure Corporation
    Founder
    F-Secure Corporation May 1988 - Present
    Helsinki, Fi
    President & CEO: May, 1988 - November, 2006Chairman: November, 2006 - June, 2022Board member: June, 2022 -
  • The Upright Project
    Chairman Of The Board
    The Upright Project Nov 2022 - Present
    Fi
  • First Fellow Partners
    Co-Founder
    First Fellow Partners Nov 2016 - Present
    Helsinki, Southern Finland, Fi
    I do most of my startup investments via FFP.
  • Hamina Wireless
    Board Member
    Hamina Wireless Jun 2024 - Present
  • Cybexer Technologies
    Board Member
    Cybexer Technologies Jan 2022 - Present
    Tallinn, Harjumaa, Ee
  • Quanscient
    Board Member
    Quanscient Jan 2022 - Present
    Tampere, Fi
  • Pixieray
    Board Member
    Pixieray Jan 2022 - Present
    Espoo, Fi
  • Futurice
    Board Member
    Futurice Jan 2019 - Present
    Berlin | Helsinki | London | Munich | Stockholm | Stuttgart | Tampere, The World, Fi
  • Iese Business School
    Advisory Board Member
    Iese Business School Apr 2019 - Present
    Barcelona, Barcelona, Es
  • Nexit Ventures
    Co-Founder And Special Partner
    Nexit Ventures Jan 2000 - Present
    Helsinki, Helsinki, Fi
  • Komatsu
    Advisory Board Member
    Komatsu Nov 2019 - Jan 2024
    Tokyo, Jp
  • Technology Advisory Board Of The Finnish Government
    Chairman
    Technology Advisory Board Of The Finnish Government Sep 2020 - Dec 2023
  • Picosun Group
    Board Member
    Picosun Group Mar 2020 - Jun 2022
    Espoo, Fi
    Picosun was one of First Fellow’s portfolio companies. We exited via a trade sale to AMAT.
  • Nokia
    Chairman
    Nokia May 2012 - Jun 2020
    Espoo, Southern Finland, Fi
    Chairman: May, 2014 -Chairman and interim CEO: September, 2013 - May, 2014Chairman: May, 2012 - September, 2013Member of board of directors: May, 2008 - May, 2012Chairman of audit committee: May 2010 - May 2012
  • Ek – Confederation Of Finnish Industries – Elinkeinoelämän Keskusliitto Ek
    Vice Chairman
    Ek – Confederation Of Finnish Industries – Elinkeinoelämän Keskusliitto Ek Jan 2013 - Dec 2018
    Helsinki, Fi
    Member of the board: November, 2007 - December, 2010
  • Teknologiateollisuus - Technology Industries Of Finland
    Board Member
    Teknologiateollisuus - Technology Industries Of Finland Nov 2007 - Dec 2018
    Helsinki, Fi
    Vice-Chairman from 11-2007 to 12-2010Vice-Chairman from 1-2013 to 12-2015Chairman from 01-2016 to 12-2018
  • Blyk
    Member Of The Board Of Directors
    Blyk Dec 2006 - Jan 2013
  • Fruugo
    Chairman
    Fruugo Aug 2007 - Jun 2012
    Ulverston, Cumbria, Gb
  • Elisa Corporation
    Chairman
    Elisa Corporation Mar 2007 - Apr 2012
    Helsinki, Uusimaa, Fi
    Member of the audit committee 2007-2008Chairman 2008-
  • Efecte
    Member Of The Board Of Directors
    Efecte Feb 2007 - Apr 2012
    Espoo, Uusimaa, Fi
  • Eblc - European Business Leaders' Convention
    Member Of The Organizing Committee
    Eblc - European Business Leaders' Convention Jan 2009 - Aug 2011
  • Ekahau, Inc.
    Member Of The Board Of Directors
    Ekahau, Inc. May 2008 - Mar 2011
  • Ekahau, Inc.
    Chairman
    Ekahau, Inc. Dec 2006 - May 2008
  • Working Group: Vigo
    Chairman
    Working Group: Vigo Jun 2009 - Dec 2010
  • Working Group: The Future Of The Finnish General Conscription System
    Chairman
    Working Group: The Future Of The Finnish General Conscription System Sep 2009 - Sep 2010
  • Valimo
    Member Of The Board Of Directors
    Valimo Mar 2007 - Jan 2010
    Valimo was sold to Gemalto.
  • Working Group: Digital Finland (Eva)
    Chairman
    Working Group: Digital Finland (Eva) Aug 2009 - Nov 2009
    The working group was established to propose remedies for the ongoing decline of Finland's status as an information economy in comparison to the leading information societies.We published a report that Helsingin Sanomat picked as one of the two important reports/statements of 2009.
  • Ohjelmistoyrittäjät Ry Finnish Software Entrepreneurs
    Co-Founder
    Ohjelmistoyrittäjät Ry Finnish Software Entrepreneurs Jan 1994 - Mar 1999
    Helsinki, Fi

Risto Siilasmaa Skills

Start Ups Business Strategy Strategy Entrepreneurship Venture Capital Strategic Partnerships Mobile Devices Product Management Business Development New Business Development Leadership Go To Market Strategy International Business Mergers And Acquisitions Strategic Planning Change Management Angel Investing Product Development Business Planning Business Modeling Corporate Development Executive Management E Commerce Saas

Risto Siilasmaa Education Details

  • Aalto University
    Aalto University
    Doctor Of Technology (Hon.)
  • Teknillinen Korkeakoulu-Tekniska Högskolan
    Teknillinen Korkeakoulu-Tekniska Högskolan
    Industrial Engineering And Management
  • L.N.Gumilyov Eurasian National University
    L.N.Gumilyov Eurasian National University
    Doctor Of Technology (Hon.)

Frequently Asked Questions about Risto Siilasmaa

What company does Risto Siilasmaa work for?

Risto Siilasmaa works for F-Secure Corporation

What is Risto Siilasmaa's role at the current company?

Risto Siilasmaa's current role is Founder.

What is Risto Siilasmaa's email address?

Risto Siilasmaa's email address is rs****@****ure.com

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Risto Siilasmaa's direct phone number is +140893*****

What schools did Risto Siilasmaa attend?

Risto Siilasmaa attended Aalto University, Teknillinen Korkeakoulu-Tekniska Högskolan, L.n.gumilyov Eurasian National University.

What skills is Risto Siilasmaa known for?

Risto Siilasmaa has skills like Start Ups, Business Strategy, Strategy, Entrepreneurship, Venture Capital, Strategic Partnerships, Mobile Devices, Product Management, Business Development, New Business Development, Leadership, Go To Market Strategy.

Who are Risto Siilasmaa's colleagues?

Risto Siilasmaa's colleagues are Sharon Henderson, Jessie Benard, Mirian Purizaga, Antonio La, Hhh Tt, Ella Pitkänen, Eduardo Nuñez Barros.

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