Finnish telecoms company Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.

Nokia appointed Justin Hotard, a tech industry expert in data centers and AI, as its next CEO, in a move that reinforces the company’s ambition to expand into new growth areas.

After only a little more than a year of running Intel’s Data Center and AI group – which is probably about as much fun right now as falling down the