Nokia picks Intel's AI and data centre leader Hotard as new CEO

Finnish telecoms company Nokia (NOKIA.HE), opens new tab on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role. Hotard, who will take up the position on April 1, is currently the executive vice president and general manager of Data Center & AI Group at Intel (INTC.O), opens new tab, according to the chipmaker's website.
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