Fundz

Nokia Oyj Appoints Justin Hotard as New CEO, Replacing Pekka Lundmark

PUBLIC · NOKFeb 10, 2025

Position

President

Company

Nokia

Justin Hotard
justin.hotard@nokia.com
EspooInformation TechnologyHardwareMessaging And TelecommunicationsSatellite CommunicationVoipIntellectual Property

Description

Nokia Oyj has announced the replacement of its current CEO, Pekka Lundmark, with Justin Hotard. Lundmark, 61, will step down on March 31, and Hotard, 50, will take over the next day.

Quick answer

Nokia Oyj Appoints Justin Hotard as New CEO, Replacing Pekka Lundmark (February 10, 2025). Nokia is based in Espoo, Uusimaa, Finland.

Who is the new President at Nokia?
Nokia named Justin Hotard President, announced February 10, 2025.
What did Nokia announce on February 10, 2025?
Nokia Oyj has announced the replacement of its current CEO, Pekka Lundmark, with Justin Hotard. Lundmark, 61, will step down on March 31, and Hotard, 50, will take over the next day.
What does Nokia do?
Nokia is a global technology company that provides connectivity and communication services.
Where is Nokia based?
Nokia is based in Espoo, Uusimaa, Finland.
Which similar companies made leadership changes around the same time?
Globe Telecom (March 7, 2025), Ovzon (February 13, 2025), BT Group plc (February 3, 2025) and AT&T (January 31, 2025) also announced leadership changes within 45 days of Nokia.

Source: Fundz verified event record.

Other recent leadership changes in Hardware and Messaging And Telecommunications

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Nokia, and when

A new leader at Nokia brings new priorities and often new vendors. The first weeks are when they listen.

  • An alert the day Nokia raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Nokia, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Nokia. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Nokia

Location

Karakaari 7

Espoo, Uusimaa, Finland

About

Nokia is a global technology company that provides connectivity and communication services. The company is dedicated to building foundational technologies for the world, including 5G and cellular technologies, and aims to navigate the current market uncertainty for long-term growth.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Nokia changes its leadership, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Nishant
Likely contact at this company
••••••••@••••••••

See Nishant's verified email →

Sofia
Senior decision-maker at this company
••••••••@••••••••

See Sofia's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Nokia's next move

Learn about Strategic plan

Nokia changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.