Pekka Lundmark (born 9 December 1963) is a Finnish business executive, and the president and CEO of Nokia. Previously, he was CEO of Fortum, a Finnish state-owned energy company, from 2015 to July 2020.

23 hours ago · Justin is a great choice for Nokia and I look forward to working with him on a smooth transition,” said Nokia’s President and CEO Pekka Lundmark. Lundmark will step down on 31 March 2025. He will continue as an advisor to the new CEO until the end of the year. An event for media and financial analysts will be held today at 10:00 EET.

22 hours ago · Finnish tech giant Nokia's President and Chief Executive Officer (CEO) Pekka Lundmark is stepping down, the company announced on Monday, February 10, 2025.

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 ...

23 hours ago · Nokia announced that CEO Pekka Lundmark will step down on March 31, to be succeeded by Justin Hotard, Intel's AI and data center head, on April 1. Hotard brings over 25 years of leadership experience in technology companies. The leadership change follows Nokia's significant profit increase after a challenging period, with a focus on AI and data ...

21 hours ago · After leading Nokia since 2020, Nokia’s current president and CEO, Pekka Lundmark, has decided to step down from executive roles and move on to the next phase of his career. Lundmark will step ...

1 day ago · (RTTNews) - Nokia's (NOK) President and Chief Executive Officer, Pekka Lundmark, will step down on March 31, 2025. The company has appointed Justin Hotard as the next President and Chief Executive ...

With almost 20 years as a Chief Executive Officer (CEO), Pekka has accrued deep expertise in the telecommunications, technology, energy, machinery, and finance sectors, all of which are central to the transition into the Fourth Industrial Revolution.

Pekka Lundmark. Biography Pekka was appointed Nokia’s President and CEO in August 2020. He previously worked for us between 1990 and 2000, before embarking on a 20-year journey through the technology, energy, manufacturing, machinery, retail and finance sectors. This broad experience gives him insight into new technologies and techniques that ...

21 hours ago · 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.