Nokia President and CEO Pekka Lundmark steps down after 4.5 years
Intel Data Center & AI exec Justin Hotard will replace him
Lundmark will advise Hotard until the end of the year
Nokia CEO and President Pekka Lundmark has confirmed he will be stepping down from the role in just a few weeks, and the telecoms giant has already confirmed its next leader.
Justin Hotard, who will be taking over from Lundmark from April 1, 2025, will move on from his year-long role as Intel‘s EVP and GM for Data Center & AI Business Group.
