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Nokia names Intel AI chief as new CEO

Hosted on MSN · 15h

Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom

Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard,

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

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.

The Register on MSN · 7h

Intel loses another exec as datacenter, AI chief named Nokia CEO

Justin Hotard, who took over as EVP and GM of Intel's DCAI business just over a year ago, will replace Pekka Lundmark as Nokia's president and CEO on April 1, the Finnish telecommunications vendor said in a statement.

14hon MSN

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 ...

16h

Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit

Justin Hotard, who joined Intel in February last year, is departing the company to lead Nokia.

21h

Nokia CEO Pekka Lundmark To Step Down In March 2025; Appoints Intel Executive Justin Hotard As CEO

President and Chief Executive Officer, Pekka Lundmark, will step down on March 31, 2025. The company has appointed ...

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