Nokia has appointed Intel data center executive Justin Hotard as its CEO to replace Pekka Lundmark, who is stepping down ... in an effort to reduce costs. It does appear, however, that the vendor is ...

as does China’s Huawei Technologies. Hotard is replacing Pekka Lundmark, who got a master’s degree in physics and information technology from the Helsinki University of Technology in 1988 and worked ...

Pekka Lundmark, as president and CEO on April 1. [Related: Analysis: Intel Seeks To ‘Stabilize’ Waning Server CPU Share, But It Faces AMD And Other Challenges] In a LinkedIn post disclosing ...

Finnish telecommunications equipment giant Nokia announced on Monday it would replace chief executive Pekka Lundmark with Justin Hotard, an American executive overseeing artificial intelligence at US ...

Sari Baldauf, the board chairperson at Nokia, told reporters that preparations for the leadership re-shuffle have been underway since last spring, the initiative having come from current chief ...

Pekka Lundmark is stepping down, the company announced on Monday, February 10, 2025. A photo taken on October 19, 2023 shows the headquarters of Finnish telecom company Nokia in Espoo, Finland.( ...

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

Justin Hotard, who currently leads Intel's Data Center & AI Group as executive vice president and general manager, will take over the position on April 1. Finnish telecom company Nokia on Monday ...