Justin Hotard to Succeed Lundmark as CEO, Signaling a Strategic Shift Toward AI and Data Center Growth Nokia has announced a major leadership transition, with Pekka Lundmark stepping down as CEO and Justin Hotard set to take over the role on April 1, 2025. Hotard, currently serving as Executive Vice President and General Manager of the Data Center & AI Group at Intel, brings extensive experience in artificial intelligence and data center technologies—key areas for Nokia’s future expansion. As global demand for 5G technology declines, telecom equipment manufacturers, including Nokia, have been exploring new growth opportunities in emerging technologies. Nokia’s … Continue reading Nokia Announces Leadership Change as Pekka Lundmark Steps Down