Nokia President and CEO Pekka Lundmark steps down after 4.5 years
Intel Data Center & Ai Exec Justin Hotard replaces him
Lundmark will advise hotard until the end of the year
Nokia CEO and President Pekka Lundmark have confirmed that he will step down from the role in just a few weeks, and the telecommunications giant has already confirmed his next leader.
Justin Hotard, who takes over from Lundmark from April 1, 2025, goes on from his long -standing role as Intels EVP and GM for Data Center & AI Business Group.