Nokia has appointed Pekka Lundmark as CEO in 2020. Nokia said it is not undertaking a process to replace President and CEO Pekka Lundmark, Reuters news report said.

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.

(Bloomberg) -- Pekka Lundmark is seeking to keep Nokia Oyj on track after the Finnish company lost a $14 billion contract with AT&T Inc. to competitor Ericsson AB, meaning Nokia’s communications ...

Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp.’s recently appointed head of artificial intelligence Justin Hotard in a surprise announcement as the network ...

Nokia (NOK) announced a leadership transition. Nokia’s president and CEO, Pekka Lundmark, has informed the board that he will step down. The boa ...

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 is not undertaking a process to replace President and CEO Pekka Lundmark, the company told Reuters on Thursday, denying an earlier Financial Times report saying it is looking for a new chief ...

Nokia (NYSE:NOK) on Thursday responded to media reports that claimed the company is searching for a new candidate to replace top boss Pekka Lundmark and said it is instead doing "periodic ...

Nokia President and CEO Pekka Lundmark steps down after 4.5 years; Intel Data Center & AI exec Justin Hotard will replace him; Lundmark will advise Hotard until the end of the year ...

Nokia CEO Pekka Lundmark joins 'Squawk Box' to discuss the company's quarterly earnings results, the company's push into North America, growth outlook, and more. More for You.

Lundmark was appointed as Nokia's CEO in 2020. "The Board fully supports President and CEO Pekka Lundmark and is not undergoing a process to replace him," Nokia said in a statement to Reuters.