Nokia's current CEO Pekka Lundmark will step down on March 31, 2025, and Justin Hotard will take over the role starting April 1, 2025. Lundmark will stay on as an advisor until the end of the year.

However, Hotard — who has been CEO for about three weeks — admits that reaching the top end of the range will be "more challenging." Justin Hotard looks on during Nokia's press conference in ...

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.

Justin Hotard took to his LinkedIn account to announce his department from the lead role at Intel's Datacenter and AI division, where Hotard was positioned for just over a year.

His replacement, Justin Hotard, is set to assume the position of President and CEO on April 1, 2025. Lundmark, who has guided the company since 2020, will officially depart on March 31, 2025.

Prior to Intel and HPE, Hotard held senior positions at NCR Corporation. Hotard will be based at Nokia’s headquarters in Espoo, Finland. Current Nokia CEO Pekka Lundmark will step down on March 31, ...

Pekka Lundmark steps down as Nokia CEO Intel's AI and data centre leader Justin Hotard to take the helm Nokia signals focus on AI and data centres, analysts say Shares up 1.6% after announcement ...

Justin Hotard, Intel’s head of data-center and AI operations, is leaving to head up Nokia. Shares of the European telecom-gear maker rose, and Intel stock was up over 2% Monday morning. Dig deeper: ...

Justin Hotard joined Intel from HPE in early 2024. His tenure was arguably a mixed bag, though much of what he oversaw was more or less in place before he arrived.

Justin Hotard will replaced Pekka Lundmark as CEO of Finnish telecoms company Nokia on April 1. Hotard is currently the EVP and general manager of Data Center & AI Group at Intel.