What just happened? Nokia is set for a leadership transition and has appointed Justin Hotard as its new chief executive officer effective April 1, 2025. Hotard, who currently heads Intel's data ...

Nokia said Monday that it has appointed Intel’s Justin Hotard as CEO, replacing Pekka Lundmark, as the Finnish telecoms equipment maker looks to beef up its artificial intelligence business.

Nokia appointed Justin Hotard, a tech industry expert in data centers and AI business, as its next chief executive, in a move that reinforces the company's ambition to expand into new growth areas.

TL;DR: Intel's Datacenter and AI CEO, Justin Hotard, is leaving to become Nokia's President and CEO, starting April 1, 2025. Hotard, with over 25 years of tech experience, succeeds Pekka Lundmark ...

Justin Hotard was hired to lead Intel's AI efforts in January 2024. Intel's head of AI is leaving the company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said Monday that Justin ...