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.

2 days 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 ...

2 days 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.

1 day ago · Pekka Lundmark, who led Nokia as chief executive officer is stepping down from his position, the Finnish telecommunications company announced on February 10, 2025. His last working day is on March 31, 2025, and will continue as an advisor to his successor Justin Hotard, Intel's executive vice President and General Manager, Data Center & AI ...

2 days 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.

2 days 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 ...

2 days 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 ...

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 ...

2 days ago · Justin Hotard is set to take charge as Nokia’s new CEO and President, as the current leader Pekka Lundmark, will step down on March 31. To ensure a smooth transition of roles and responsibilities, Lundmark will continue to serve as an advisor until the end of 2025, the Finland-based electronics company announced on Monday.