Nokia names Justin Hotard as new CEO


HELSINKI, Feb. 10 (Xinhua) -- Finnish telecommunications company Nokia announced on Monday that it will appoint Justin Hotard as its new chief executive officer (CEO), replacing Pekka Lundmark.

Lundmark, who has led Nokia since 2020, will step down in April and be succeeded by Hotard, an executive currently overseeing data center and artificial intelligence (AI) group at Intel, the company said in a press release.

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