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Nokia names Intel's Justin Hotard as new CEO to steer focus towards AI and data centers.
Nokia has appointed Justin Hotard, currently an Intel executive in AI and data centers, as its new CEO, effective April 1.
Pekka Lundmark, who has led Nokia since 2020, will step down on March 31 and will advise Hotard until year-end.
The change aims to strengthen Nokia's focus on AI and data center markets, crucial for future growth, amid declining sales in 5G equipment.
Hotard's extensive tech experience is seen as key to Nokia's strategic shift.
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Nokia nombra a Justin Hotard de Intel como nuevo CEO para dirigir el foco hacia IA y centros de datos.