Nokia names Intel AI chief as new CEO

Nokia Names Intel's AI, Data Center Head as New CEO
KEY TAKEAWAYS Nokia said Monday that it has appointed Intel’s Justin Hotard as CEO, replacing Pekka Lundmark, as the Finnish telecoms equipment maker looks to beef up its artificial intelligence business.
Nokia picks Intel's AI and data center leader Justin Hotard as new CEO
Justin Hotard will replaced Pekka Lundmark as CEO of Finnish telecoms company Nokia on April 1. Hotard is currently the EVP and general manager of Data Center & AI Group at Intel.
Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom
Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard,
Nokia Stock Rises After Intel AI Chief Named New CEO
Justin Hotard, Intel’s head of data-center and AI operations, is leaving to head up Nokia. Shares of the telecom-gear maker rallied over 2% in Europe; U.S.-listed Intel shares edged higher premarket.
Intel (NASDAQ:INTC) Loses its AI Chief to Nokia
So chip stock Intel (INTC) just lost Justin Hotard to Nokia Oyj (NOK). This might seem like a blow to Intel’s operations, but investors have
Intel Loses AI Chief to Nokia Just Months After CEO’s Departure
Justin Hotard is appointed Nokia’s new CEO, just months after former Intel boss Pat Gelsinger retired. Trump's "America First" ethos may come at a big cost to the stock market.
Intel AI leader named CEO of Nokia
Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO. Intel hired Hotard as executive vice president and general manager of its data center and artificial intelligence group in January 2024.
Nokia picks Intel's AI and data centre leader Hotard as new CEO
Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.
Nokia: Intel's head of data centers and AI becomes new CEO
AI expert Justin Hotard is to become CEO of Nokia. He is to continue the Group's realignment in fields such as data centers and AI.
Intel's head of datacenter and AI unit leaves to lead Nokia
In an unexpected turn of events Justin Hotard, the executive vice president and general manager of the Data Center and AI Group (DCAI) at Intel, left the company to become chief executive of Nokia. Intel has appointed an internal head for its datacenter and AI unit and will start searching for a new permanent general manager immediately.
Intel loses another exec as datacenter, AI chief named Nokia CEO
Justin Hotard tapped to replace Pekka Lundmark at the Finnish telco Intel is going to need more than a new CEO after its Datacenter and AI (DCAI) chief on Monday announced he's leaving to run Nokia as its next chief executive.
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Intel suffers another blow after C-level staffer leaves to run Nokia
After Intel lost its CEO Pat Gelsinger, the company has suffered another blow as its CEO of Datacenter and AI has now ...
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Analysis: Intel Data Center Boss Justin Hotard Leaves After CEO, AI Chip Shake-Ups
Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the ...
Intel’s AI Chief to Leave Chip Maker in Wake of CEO Exit
Justin Hotard, who joined Intel in February last year, is departing the company to lead Nokia.