Hotard kicked off the earnings call with a plea for patience as he only recently replaced long-time CEO Pekka Lundmark.

According to the official press release, Nokia has announced a leadership change, with CEO Pekka Lundmark stepping down on March 31, 2025.

(RTTNews) - Nokia (NOK) announced Monday the appointment of Justin Hotard as its new CEO, effective April 1, replacing Pekka Lundmark.

Helsinki, Feb 10, 2025 -Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI ...

Nokia's current President and CEO, Pekka Lundmark, has been at the company since 2020 and, according to the press release, decided to step down from his position and " move on to the next phase of ...

Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centres at US ...

Nokia CEO Pekka Lundmark steps down, Justin Hotard from Intel's Data Center AI Group to take over on April 1, bringing expertise in AI and data centers crucial for Nokia's growth.

Espoo, Finland – Nokia today announced a leadership transition. Nokia’s President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed ...

Espoo, Finland – Nokia today announced a leadership transition. Nokia’s President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed ...

Nokia (NOK) said that President and CEO, Pekka Lundmark will step down. The Board appointed Justin Hotard as the next President and CEO, effective April 1, 2025.

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 replacement, Justin Hotard, is set to assume the position of ...

Nokia announces a leadership change. CEO Pekka Lundmark will step down in March 2025. Justin Hotard, with over 25 years of tech industry experience, will succeed him on April 1, 2025.