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Business

Markus Muurinen to exit Eezy as staffing group navigates leadership turnover and turnaround plan
Markus Muurinen to exit Eezy as staffing group navigates leadership turnover and turnaround plan

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Credit: Eezy, Markus Muurinen

Credit: Eezy, Markus Muurinen

Departure marks the fourth management-level exit since October as Eezy pushes for growth, profitability, and a broader shift toward technology-enabled staffing.

Markus Muurinen, business director for staffing services in Turku and Seinäjoki, will leave Eezy Plc on July 31, 2026, stepping down from the group's management team after serving in several senior sales and business leadership roles. His departure comes as the Finnish staffing and recruitment company works through an ambitious turnaround program aimed at restoring growth and lifting profitability.

"Markus has worked in many central sales and business roles at Eezy. He has driven Eezy's strategy forward with determination, always ensuring that customer needs remain at the core of all activities," CEO Johan Westermarck said in the bourse release. "I would like to thank Markus for his excellent work at Eezy and wish Markus all the best for the future."

Eezy has divided responsibility for Muurinen's business areas during the transition period. Nora Räbinä, commercial director of staffing services, will assume responsibility for operative staffing services in Turku and report directly to CEO Johan Westermarck, while Heikki Tyrväinen, business and sales director, will take responsibility for the Seinäjoki business unit in addition to his current responsibilities. The company has begun recruiting a successor. 

Management team in motion

Muurinen's departure is the latest change in what has become a period of notable executive turnover. Since October 2025, Eezy has recorded four management-level departures and two senior appointments.

Communications and Sustainability Director Marleena Bask left in October 2025 following a broader reduction of communications activities. Business Solutions Director Päivi Salo departed in February 2026 after overseeing the nationwide rollout of Eezy's AI-assisted ERP platform, while interim CFO Sari Lehto left the management team in January 2026 following the appointment of Esko Puolusmäki as chief financial officer.

The additions have included Tyrväinen, who joined the management team in October 2025 as business and sales director for the franchise entrepreneur network and national customers, and Puolusmäki, who assumed the CFO role in January 2026. The pattern is not one of wholesale turnover, but it does reflect an organization reshaping itself while executing a significant strategic shift.

Financial pressure remains

The leadership changes come during a prolonged period of revenue pressure. In the first quarter of 2026, group revenue declined 8% year-on-year to EUR 30.9 million from EUR 33.7 million, while chain-wide revenue fell to EUR 51.4 million from EUR 53.0 million. For full-year 2025, group revenue totaled EUR 139.3 million and chain-wide revenue reached EUR 233.8 million.

Profitability showed signs of improvement despite weaker sales. EBITDA increased to EUR 1.9 million in the first quarter from EUR 1.3 million a year earlier, while EBIT improved to negative EUR 0.2 million from negative EUR 0.4 million. Management attributed part of the revenue decline to the transfer of operations into the franchise entrepreneur network and continued weakness in the staffing market.

The company also strengthened its financial position through a fully underwritten rights issue that raised around EUR 10 million in gross proceeds. The funding is intended to accelerate implementation of the strategy unveiled in December 2025 and support the balance sheet during the transformation.

What Eezy is trying to accomplish

Eezy's updated strategy sets ambitious targets for 2028: chain-wide revenue exceeding EUR 330 million, group revenue exceeding EUR 200 million, and EBIT exceeding 5% of group revenue.

Those targets imply a substantial improvement from FY2025, when group revenue stood at EUR 139.3 million, and EBIT margin was 0.1%. Achieving them will require both renewed growth and a significant increase in operating efficiency.

A central element of the strategy is Eezy's AI-assisted staffing platform. By the end of 2025, the system was fully deployed across staffing operations. According to the company, 74% of shift orders in December were entered directly by customers, artificial intelligence assigned nearly half of all shifts ordered through the Eezy Asiakkaat service, and one-quarter of orders were filled within one minute. Management has described the platform as a competitive advantage through faster matching, improved efficiency, and a better customer experience.

A second priority is the expansion of the franchise entrepreneur network. During 2025, Eezy added entrepreneur-led operations in Jyväskylä, Vaasa and Kuopio. While the model has weighed on reported group revenue as operations move outside the consolidated structure, management views it as an important component of future growth.

The third pillar is concentration on core staffing and recruitment services. In April 2025, Eezy sold Farenta Oy's pharmacist and pharmacy technician staffing business, saying the divestment would allow greater focus on its core operations.

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Board stability contrasts with executive turnover

While the management team has changed considerably, the board has remained stable. At the March 2026 AGM, shareholders re-elected all seven directors, including Chair Tapio Pajuharju, for another term. The AGM also approved a proposal not to distribute a dividend for the 2025 financial year.

The contrast between board continuity and executive-level movement suggests the changes are being driven by execution and organizational priorities rather than a shift in overall strategic direction.

Investor watchpoints

Investors will likely focus on three areas following Muurinen's departure.

First, the recruitment of a permanent successor and the effectiveness of the interim leadership structure in Turku and Seinäjoki.

Second, whether Eezy can translate its technology investments into measurable financial improvement. The company has highlighted growing automation rates and faster staffing processes, but investors will want evidence that those gains support revenue growth and margin expansion.

Third, progress against the strategy's 2028 targets. With group revenue declining and profitability still modest, future quarters will be closely watched for signs that the franchise network, AI-enabled operations and sharper focus on core staffing activities are beginning to deliver the scale and earnings improvement management has promised.

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Authors

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Devdatta Temgire is a data and business analyst at Listeds. He contributes research, data analysis, and pattern detection to the publication’s coverage of Nordic-listed companies, with a focus on board composition, leadership transitions, and financials. He holds an honors degree in artificial intelligence and data science alongside a bachelor’s in computer engineering, and previously worked at KPMG.

Devdatta Temgire is a data and business analyst at Listeds. He contributes research, data analysis, and pattern detection to the publication’s coverage of Nordic-listed companies, with a focus on board composition, leadership transitions, and financials. He holds an honors degree in artificial intelligence and data science alongside a bachelor’s in computer engineering, and previously worked at KPMG.

Authors

Journalist

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Devdatta Temgire is a data and business analyst at Listeds. He contributes research, data analysis, and pattern detection to the publication’s coverage of Nordic-listed companies, with a focus on board composition, leadership transitions, and financials. He holds an honors degree in artificial intelligence and data science alongside a bachelor’s in computer engineering, and previously worked at KPMG.

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