Intel loses another top exec as Nokia poaches AI and data center chief as new CEO
Nokia CEO Pekka Lundmark is stepping down, with the company announcing a former Intel executive as his replacement.
Nokia Taps Intel's AI Executive As New CEO - Details
Nokia announces a leadership change. CEO Pekka Lundmark will step down in March 2025. Justin Hotard, with over 25 years of tech industry experience, will succeed him on April 1, 2025.
Intel Datacenter Chief Departs To Run Nokia – Now What?
After only a little more than a year of running Intel’s Data Center and AI group – which is probably about as much fun right now as falling down the
Intel’s AI Chief Leaves to Run Nokia After a Year on the Job
Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp.’s recently appointed head of artificial intelligence Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.
Nokia Names Intel's AI, Data Center Head as New CEO
KEY TAKEAWAYS 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 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,
Nokia announces ex-Intel AI and data centre boss as new CEO
Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market. View on euronews
Intel AI leader named CEO of Nokia
Intel 's head of AI is leaving the company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO. Intel hired Hotard as executive vice president and general manager of its data center and artificial intelligence group in January 2024.
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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 ...
Nokia CEO Pekka Lundmark to step down, Justin Hotard to succeed
Nokia (NOK) announced a leadership transition. Nokia’s president and CEO, Pekka Lundmark, has informed the board that he will step down. The ...
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 ...
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Lundmark out as Nokia targets AI and data centres for much-needed growth
This week, Nokia has announced that it has appointed Intel’s head of the data centre and artificial intelligence group, ...
Inside information: Nokia announces a leadership transition – Justin Hotard appointed as successor to Pekka Lundmark
Espoo, Finland – Nokia today announced a leadership transition. Nokia’s President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed ...
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Nokia CEO Lundmark to be replaced by Intel AI chief Hotard
Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and ...