1 day ago · 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 Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025.

15 hours ago · 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.

1 day ago · Intel’s long-term high turnover rate of senior managers holding HPC and AI-related responsibilities continues apace with today’s news that Justin Hotard, EVP/GM of the company’s Data Center and AI Group, is leaving Intel after a year to become CEO and president of Nokia. Hotard began his position at Intel in February of 2024 and reported ...

12 hours ago · Justin Hotard, the head of Intel's data center and AI group, has left the company to become CEO of telecommunications equipment maker Nokia. On Monday, Nokia reported that Hotard will replace Nokia CEO Pekka Lundmark, who will step down on March 31 after leading Nokia for four and a half years.

1 day ago · 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 ...

1 day ago · 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.

1 day ago · Justin Hotard, who took over as EVP and GM of Intel's DCAI business just over a year ago, will replace Pekka Lundmark as Nokia's president and CEO on April 1, the Finnish telecommunications vendor said in a statement. "I want to thank my team at Intel Corporation for their work in stabilizing the Datacenter and AI Business over the last year.

1 day ago · 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 ...

1 day ago · 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 ...

14 hours ago · 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 ...