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

Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO. Intel hired ...

Intel's long-term high turnover rate of senior managers holding HPC and AI-related responsibilities continues apace with ...

Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the ...

Nokia’s CEO Pekka Lundmark will step down on March 31, 2024, to pursue new opportunities. Justin Hotard from Intel will ...

Nokia has appointed Intel data center executive Justin Hotard as its CEO to replace Pekka Lundmark, who is stepping down. The ...

Hotard, set to assume the role on April 1, is currently the executive vice president and general manager of the Data Centre & ...

The company appointed Hotard as it moves to diversify and search for new growth areas outside of its traditional telecom ...

During Lundmark’s four-and-a-half-year tenure, Nokia's shares achieved an average annualised return of 5%, compared to an 11% ...

The move comes as Pekka Lundmark, who has led the company since 2020, steps down following Nokia’s struggle with declining ...

After Intel lost its CEO Pat Gelsinger, the company has suffered another blow as its CEO of Datacenter and AI has now ...

The leadership transition comes as Nokia looks to double down on emerging opportunities in AI, data centers, private wireless networks, and edge computing – areas where ...