Finnish listed companies accelerated leadership changes in March, shifting from February’s management-heavy churn to board-level renewal. According to Listeds data, companies recorded 155 board and management moves, with activity clearly moving up the governance chain.

The contrast with February is stark. Companies made just five board changes then, alongside 60 management moves split evenly between 30 appointments and 30 departures. In March, that balance flipped.

Boards took center stage with 112 changes, including 65 appointments and 47 departures. The surge reflects AGM season, but also timing. March sits in the middle of earnings season, when results and strategy updates often trigger board-level recalibration.

Some companies stood out. Enento led with 10 total moves, followed by Tieto with eight and Fiskars with seven. Terveystalo logged six, while Konecranes, Metsä Board, and Alisa Pankki each recorded five, often combining board and executive changes within the same reporting cycle.

C-suite changes continue, but at a slower pace

Management moves eased to 43 changes, down from 60 in February, suggesting that much of the operational reset happened ahead of earnings releases.

The month saw four CEO appointments. Among them was Alexander Schoschkoff, named CEO at Alexandria Pankkiiriliike. Schoschkoff is a seasoned insurance and asset management executive who previously led Fennia Life. Another bank, Alisa Pankki, appointed Aki Gynther as CEO. Gynther is a banking veteran and former deputy CEO of S-Bank, with deep experience across finance, risk, and retail banking.

Duell, for its part, brought in Tomi Virtanen as CEO, an industrial and supply chain operator with prior CEO roles and senior positions at Nokian Tyres and Kone. Remedy Entertainment also appointed Jean-Charles Gaudechon as CEO, adding international gaming industry experience.

Among CFO hires, Antti Ojala stepped in at Aiforia Technologies. He brings more than 15 years of experience in health technology finance and a track record in strategic financing and investor relations.

Technology and product roles also featured. Antti Aalto was named CTO at Easor, arriving from Swappie, where he led product development. At Enento, Francesca Smedberg, formerly VP of product at payments software company Rillion, was appointed chief product officer. Finally, at Metso, Teija Saari took on the role of chief people officer, bringing global HR leadership experience from Wärtsilä and Grundfos.