Nokia Appoints Intel’s Justin Hotard as New CEO Following Pekka Lundmark’s Departure

Nokia has made a significant leadership change, naming Justin Hotard, a senior executive at Intel, as its new Chief Executive Officer. This decision comes after the departure of Pekka Lundmark, who has led the Finnish telecommunications giant since 2020. Hotard's appointment is expected to pave the way for Nokia to enhance its focus on 5G technology and expand its market share amid an evolving technological landscape.

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