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Nokia names Intel AI chief as new CEO

Hosted on MSN · 1d

Intel’s AI Chief Leaves to Run Nokia After a Year on the Job

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 equipment maker works to exit a prolonged slump in orders from phone operators.

Fox Business · 21h

Nokia picks Intel's AI and data center leader Justin Hotard as new CEO

Justin Hotard will replaced Pekka Lundmark as CEO of Finnish telecoms company Nokia on April 1. Hotard is currently the EVP and general manager of Data Center & AI Group at Intel.

Benzinga.com · 2d

Nokia Taps Intel's AI Executive As New CEO - Details

Nokia announces a leadership change. CEO Pekka Lundmark will step down in March 2025. Justin Hotard, with over 25 years of tech industry experience, will succeed him on April 1, 2025.

2don MSN

Nokia appoints Intel’s Justin Hotard as new CEO, to join from April 1

Nokia announced that CEO Pekka Lundmark is stepping down, with Justin Hotard from Intel taking over on April 1. Hotard brings ...

2d

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 ...

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