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Nokia names Intel AI chief as new CEO

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,

Bloomberg on MSN · 3d

Intel’s AI Chief Leaves to Run Nokia After a Year on the Job

Nokia Oyj said it was replacing Chief Executive Officer Pekka Lundmark with Intel Corp.’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

Reuters · 3d

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.

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 ...

TweakTown2d

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 ...

Yahoo Finance2d

Nokia Taps Intel's AI Executive As New CEO - Details

Nokia Taps Intel's AI Executive As New CEO - Details Nokia Inc. (NYSE:NOK) revealed a change in leadership as its President and CEO, Pekka Lundmark, is set to step down from his role.His ...

The Business Journals3d

Intel AI leader named CEO of Nokia

Intel's head of AI is leaving the company after one year to become CEO of Nokia. Nokia (NYSE: NOK) said Monday that Justin Hotard will succeed Pekka Lundmark as the Finnish company's new CEO.

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