Nokia names Intel AI chief as new CEO

Intel’s AI Chief Leaves to Run Nokia After a Year on the Job
Nokia Oyj said it was replacing Chief Executive Officer Pekka Lundmark with Intel Corp.’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.
Intel loses another top exec as Nokia poaches AI and data center chief as new CEO
Nokia CEO Pekka Lundmark is stepping down, with the company announcing a former Intel executive as his replacement.
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.
Nokia Names Intel's AI, Data Center Head as New CEO
KEY TAKEAWAYS Nokia said Monday that it has appointed Intel’s Justin Hotard as CEO, replacing Pekka Lundmark, as the Finnish telecoms equipment maker looks to beef up its artificial intelligence business.
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.
Nokia changes CEO; Intel data center chief takes over
Nokia has announced that CEO Pekka Lundmark will step down. He took up the position in 2020. He will be replaced by Justin Hotard, who is currently Intel’s Chief Data Center Officer and has previously held executive positions at technology companies such as Hewlett Packard Enterprise and NCR Corporation.
Nokia names Intel's AI head to replace CEO
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 chip-maker Intel.
Nokia announces ex-Intel AI and data centre boss as new CEO
Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market. View on euronews
Nokia to replace CEO Lundmark with Intel executive
Nokia named Intel executive Justin Hotard as president and CEO, replacing Pekka Lundmark, who took the helm in 2020.
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.
Intel AI leader named CEO of Nokia
Intel 's head of AI is leaving the company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO. Intel hired Hotard as executive vice president and general manager of its data center and artificial intelligence group in January 2024.
TweakTown3d
Intel suffers another blow after C-level staffer leaves to run Nokia
After Intel lost its CEO Pat Gelsinger, the company has suffered another blow as its CEO of Datacenter and AI has now ...
Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit
Intel’s head of data-center and artificial-intelligence operations is leaving the group to take the helm of European ...