Nokia Inc. (NYSE:NOK) revealed a change in leadership as its President and CEO, Pekka Lundmark, is set to step down from his role. His replacement, Justin Hotard, is set to assume the position of ...

Nokia chief executive Pekka Lundmark (L) stands next to chairwoman Sari Baldauf (C) and his successor Justin Hotard (R), the head of AI at Intel (Markku Ulander) Finnish telecommunications ...

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.