Source: Fortune
“Nokia has hired its first CEO from America in a renewed pivot to AI designed to arrest years of low valuations and stagnant revenue growth. The Finnish telecoms group announced the appointment of Justin Hotard, Intel’s executive vice president in data centers and AI, who will join in April. … The Financial Times reported in September last year that Nokia was searching for a successor to [Pekka] Lundmark, citing people familiar with the matter, amid growing frustration at slow revenue growth and a stagnant share price.” (02/10/25)