Overview
- 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.