1 day ago · I am excited to get started and look forward to continuing Nokia’s transformation journey to maximize its potential for growth and value creation,” said Justin Hotard. After leading Nokia since 2020, Nokia’s current President and CEO, Pekka Lundmark, has decided to step down from executive roles and move on to the next phase of his career.

With almost 20 years as a Chief Executive Officer (CEO), Pekka has accrued deep expertise in the telecommunications, technology, energy, machinery, and finance sectors, all of which are central to the transition into the Fourth Industrial Revolution. Pekka was appointed as Nokia’s CEO on August 1, 2020.

1 day ago · Nokia Oyj said it has hired Intel Corp.’s Justin Hotard to replace Pekka Lundmark as its chief executive officer amid ongoing efforts to redress lost orders and a decline in profits.

1 day ago · (RTTNews) - Nokia's (NOK) President and Chief Executive Officer, Pekka Lundmark, will step down on March 31, 2025. The company has appointed Justin Hotard as the next President and Chief Executive ...

1 day ago · Finnish tech giant Nokia's President and Chief Executive Officer (CEO) Pekka Lundmark is stepping down, the company announced on Monday, February 10, 2025.

Pekka Lundmark (born 9 December 1963) is a Finnish business executive, and the president and CEO of Nokia. Previously, he was CEO of Fortum, a Finnish state-owned energy company, from 2015 to July 2020.

1 day ago · Helsinki, Feb 10, 2025 -Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI ...

1 day ago · Nokia has announced that Pekka Lundmark will step down as CEO, with Justin Hotard set to take over the role on April 1. Hotard currently serves as the executive vice president and general manager of the Data Center & AI Group at …

1 day ago · 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.

1 day ago · Finnish telecom giant Nokia (HE:NOKIA) announced on Monday that CEO Pekka Lundmark will step down, with Justin Hotard set to take over the role. The leadership transition marks a strategic shift ...