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Leaders

[Monthly leadership moves] Exec changes moderated in Finland in February after January surge
[Monthly leadership moves] Exec changes moderated in Finland in February after January surge

Mar 9, 2026

After a sharp rebound in leadership changes in January, activity among Finnish listed companies moderated slightly in February.

Based on Listeds data, companies recorded 65 board and management moves realized in February, down from 73 changes in January but still well above the 35 changes seen in December.

Management changes again dominated the activity. February included:

  • 4 new board appointments

  • 1 board departure

  • 30 new management appointments

  • 30 management departures

The figures suggest that the early-year leadership reshuffle continued, though at a slightly steadier pace following January’s spike.

Easor recorded the largest board renewal

The most significant board development occurred at Easor Oyj, which appointed four directors, following its partial demerger with Talenom Oyj:

  • Harri Tahkola, chair

  • Johannes Karjula, member

  • Saara Kauppila, member

  • Taina Sipilä, member

The appointments represented the largest board refresh among Finnish listed companies during the month.

Elsewhere in governance changes, Joanna Hummel departed from the board of Musti Group Oyj.

New executives strengthen finance and growth functions

Thirty management appointments took effect across listed companies, with many companies strengthening finance leadership and growth roles.

Notable appointments included:

Digital Workforce Services Oyj

  • Tapio Niinikoski, chief growth officer

Endomines Finland Oyj

  • Minna Karttunen, chief financial officer

F Secure Oyj

  • Jyrki Tulokas, director responsible for strategy

Witted Megacorp Oyj

  • Teemu Tiilikainen, chief financial officer

  • Jouni Jaakkola, chief development officer

Several companies also recorded multiple appointments during the month. Easor Oyj, Talenom Oyj, Relais Group Oyj, and eQ Oyj were among the most active in adding new management members.

Finance leadership roles were particularly prominent, reflecting the continued emphasis on capital allocation, profitability, and scaling operations among Nordic listed companies.

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Executive turnover continued across several companies

Executive departures were concentrated in a handful of companies. SSH Communications Security Oyj, Talenom Oyj, Lamor Corporation Oyj, and Digital Workforce Services Oyj recorded the largest number of exits during the month.

One of the most visible leadership changes occurred at Alisa Pankki Oyj, where Sampsa Laine, CEO, stepped down, following a mutual agreement with the board. CFO Kukka Lehtimäki has assumed the duties of interim CEO.

Early-year reshuffles continue

While the number of leadership changes declined slightly from January’s peak, February’s 65 realized moves confirm that Finnish listed companies remain in the middle of the typical first-quarter governance reshuffle cycle, when management teams and boards are adjusted ahead of the annual general meeting season.

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.

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.

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