1 day ago · 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.

1 day ago · Nokia today announced a transition in leadership, as current company President and CEO Pekka Lundmark announced his departure. He is due to step down 31 March 2025, with the board deciding to appoint Justin Hotard as the next President and CEO effective 1 April 2025.

1 day 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.

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 ...

1 day ago · Pekka Lundmark steps down as Nokia CEO Intel's AI and data centre leader Justin Hotard to take the helm Nokia signals focus on AI and data centres, analysts say Shares up 1.6% after announcement ...

1 day ago · Nokia has announced that Justin Hotard, the former head of Intel’s AI and data centre division, will take over as CEO on April 1. 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, which went to Swedish competitor Ericsson.

1 day ago · Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centers at US chip-maker Intel. Lundmark, who has served as Nokia's CEO since 2020, will leave his position on March 31 ...

1 day ago · 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. Hotard, who will take up the position on April 1 ...

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 ...

1 day ago · (IN BRIEF) Nokia has announced a leadership change with Justin Hotard set to succeed Pekka Lundmark as the new President and CEO, starting April 1, 2025. Hotard, with over 25 years of experience in technology, is expected to drive Nokia’s continued growth in critical areas such as AI and data centers. Lundmark, who led the company since 2020 ...