Nokia Names Intel’s Data Center and AI Head Justin Hotard
Business Insider · 14h
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.
Firstpost · 12h
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
Datacenter Dynamics · 10h
Nokia names Intel's AI data center lead Justin Hotard as new CEO
Nokia has appointed Intel data center executive Justin Hotard as its CEO to replace Pekka Lundmark, who is stepping down. The telecoms vendor announced on Monday that Hotard will take up his new role on April 1, 2025. He currently leads the data center and AI unit at US chipmaker Intel.
Finnish telecommunications firm Nokia announced on Monday morning that Pekka Lundmark has stepped down as CEO, and that ...
So chip stock Intel (INTC) just lost Justin Hotard to Nokia Oyj (NOK). This might seem like a blow to Intel’s operations, but investors have ...
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