News

Nokia Oyj (NYSE:NOK) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, the company announced that ...
Muninder Singh Sambi, VP and general manager for networking and security at Google Cloud, said: “Nokia’s Autonomous Network Fabric taps Nokia’s deep telecom domain knowledge combined with Google Cloud ...
LIVE FROM MWC25 BARCELONA: Infinera inevitably dominated discussions during Nokia’s press and analyst briefing on the eve of MWC25, with the vendor’s outgoing chief Pekka Lundmark (pictured) and other ...
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.
After leading Nokia since 2020, Nokia’s current President and CEO, Pekka Lundmark, has decided to step down from executive roles and move on to the next phase of his career.
Lundmark, who took over as CEO in 2020, will remain as an advisor to Hotard until the year’s end, the company said. In September, Nokia declined media reports saying the company was looking for ...
Helsinki: 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 ...
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 ...
As a result, Lundmark will step down on 31 March 2025 and will continue as an advisor to his successor until the end of the year. The next President CEO will be Intel's Justin Hotard and he will ...
Nokia CEO, Pekka Lundmark is stepping down from his current role, reports Reuters. The Finland-based company, as per the report, said that Justin Hotard will take over as the new CEO starting April 1.
Under Lundmark’s four-and-a-half year tenure, Nokia shares have delivered an average annualised return of 5%. That compares with a return of 11% for Nokia’s peers, according to data compiled ...