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.
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 center leader Justin Hotard as new CEO
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.
Nokia CEO Pekka Lundmark to Step Down in March; Know About Incoming Head Justin Hotard
Justin Hotard holds a bachelor's degree in electrical engineering and an MBA, and currently serves as an executive Vice President of Intel’s Data Center and AI Business Group
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.
Nokia taps in former Intel AI & data centre boss Justin Hotard as CEO, Pekka Lundmark to step down
The move comes as Pekka Lundmark, who has led the company since 2020, steps down following Nokia’s struggle with declining profits and lost orders, including a major $14 billion contract with AT&T, wh
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 Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025.
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
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.
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
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 ...
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This week on MIP: Law firm restricts internal AI use | Carlsberg TM win
A law firm restricting its employees’ use of AI, a leadership change at Siemens, and ‘probably’ the best trademark news ...
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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, ...
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The Friday File: Nokia CEO out; EU AI; Musk makes $100B bid
Mobile World Live brings you our top three picks of the week as Nokia CEO Lundmark steps down, Europe pushes AI, while Altman ...
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Nokia makes leadership changes amid declining sales
Nokia on Monday announced a leadership change in a bid to rejuvenate its business amidst declining sales.The Finnish telecoms equipment maker revealed that Pekka Lundmark will step down as CEO, with ...