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Nokia names Intel AI chief as new CEO

Hosted on MSN · 21h

Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom

Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard,

Bloomberg on MSN · 1d

Intel’s AI Chief Leaves to Run Nokia After a Year on the Job

Nokia Oyj said it was replacing Chief Executive Officer Pekka Lundmark with Intel Corp.’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

Nokia picks Intel's AI and data centre leader Hotard as new CEO

Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.

18h

Intel (NASDAQ:INTC) Loses its AI Chief to Nokia

So chip stock Intel (INTC) just lost Justin Hotard to Nokia Oyj (NOK). This might seem like a blow to Intel’s operations, but ...

Intel suffers another blow after C-level staffer leaves to run Nokia

After Intel lost its CEO Pat Gelsinger, the company has suffered another blow as its CEO of Datacenter and AI has now ...

1d

Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit

Justin Hotard, who joined Intel in February last year, is departing the company to lead Nokia.

1d

Nokia CEO Pekka Lundmark To Step Down In March 2025; Appoints Intel Executive Justin Hotard As CEO

President and Chief Executive Officer, Pekka Lundmark, will step down on March 31, 2025. The company has appointed ...

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