Nokia chair Sari Baldauf is to step down following a six-year stint, as the company’s increased focus on AI technology helped it deliver a strong set of quarterly results to round out 2025. Alongside its Q4 2025 numbers announcement, Nokia stated Baldauf would depart in April, with current deputy chair Timo Ihamuotila proposed as her successor. SubscribeMobile Networks revenue declined 2 per cent to €2.5 billion: Hotard pointed to a focus on “profitability and disciplined execution”. Cloud and Network Services revenue dropped 11 per cent to €837 million and Nokia Technologies 17 per cent to €384 million. Super cycleDriven by Hotard’s leadership, Nokia announced a strategy revamp in November 2025 to tap the so-called AI super cycle.