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Nokia Appoints Justin Hotard as New CEO

2/10/2025

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Summary

Story summary

Nokia has appointed Justin Hotard as CEO, effective April 1, 2025, succeeding Pekka Lundmark.
Hotard, with over 25 years in technology, currently leads Intel's Data Center & AI Group.
Lundmark, CEO since August 2020, is stepping down to explore new opportunities after driving Nokia's growth.
Under Hotard's leadership, Nokia plans to strengthen its AI business.

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Story summary

Nokia has appointed Justin Hotard as CEO, effective April 1, 2025, succeeding Pekka Lundmark.
Hotard, with over 25 years in technology, currently leads Intel's Data Center & AI Group.
Lundmark, CEO since August 2020, is stepping down to explore new opportunities after driving Nokia's growth.
Under Hotard's leadership, Nokia plans to strengthen its AI business.