Intel’s Datacenter and AI Chief Justin Hotard Named Nokia’s New CEO

Hotard will succeed Pekka Lundmark on April 1, 2025, as Nokia shifts focus toward AI and data center growth.

Justin Hotard, Intel's Datacenter and AI Group leader, will become Nokia's President and CEO starting April 1, 2025.
Hotard brings over 25 years of tech industry experience, including leadership roles at Hewlett Packard Enterprise and NCR Corporation.
Outgoing CEO Pekka Lundmark, who joined in 2020, will remain as an advisor to Hotard until the end of 2025.
Nokia's leadership transition reflects a strategic pivot toward AI and data center markets, critical to its growth plans.
Intel, facing setbacks in its datacenter and AI initiatives, has named Karin Eibschitz Segal as interim leader for its Datacenter and AI Group.