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

From Nasdaq: 2025-02-10 01:30:12

Nokia’s President and CEO, Pekka Lundmark, will step down on March 31, 2025. Justin Hotard has been appointed as the next President and CEO, starting on April 1, 2025. Lundmark will continue as an advisor to Hotard until the end of 2025. Hotard brings over 25 years of experience with global technology companies, currently leading the Data Center & AI Group at Intel. He will be based at Nokia’s headquarters in Espoo, Finland. Lundmark has been leading Nokia since 2020.



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