Nokia (NOK) announced a leadership transition. Nokia’s president and CEO, Pekka Lundmark, has informed the board that he will step down. The ...

Finnish telecommunications equipment giant Nokia announced on Monday it would replace chief executive Pekka Lundmark with ...

Nokia Oyj hired Intel Corp.’s Justin Hotard to replace Pekka Lundmark as its chief executive officer as the network equipment maker works to exit a prolonged slump in orders from phone operators.