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Business

Suominen appoints new CFO as part of three-year turnaround
Suominen appoints new CFO as part of three-year turnaround

Jan 29, 2026

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Suominen Oyj is reshaping its leadership team as part of a broader transformation aimed at improving performance and accountability, alongside the launch of its three-year Full Potential Program targeting 10% EBITDA by 2028.

The company has appointed Kimmo Raunio as its new chief financial officer, effective no later than June 1, 2026, the maker of nonwoven textiles used in personal care announced today.

Raunio joins from Fortaco Group, where he most recently served as CFO and deputy CEO, bringing experience in turnarounds and performance improvement. Current CFO Janne Silonsaari will leave the company and support the transition until mid-June.

Several internal leadership moves were also announced. Markku Koivisto, currently EVP, EMEA and CTO, has been appointed chief commercial and technology officer, while Marika Väkiparta, previously VP, business transformation, becomes chief strategy and transformation officer and interim general counsel. Mark Ushpol, EVP, Americas, will step down from the leadership team and move into a six-month role as EVP, strategic projects.

“We are at a turning point,” said President and CEO Charles Héaulmé, adding that the renewed leadership team has “the capability, ambition, and determination to execute the transformation ahead and accelerate the business turnaround.”

Authors

Emmi Laine, a financial editor with extensive experience in China, serves as our finance and business content lead. She holds a master’s degree in International Design Business Management from Aalto University and an MSc in Innovation and Entrepreneurship from ESADE.

Emmi Laine, a financial editor with extensive experience in China, serves as our finance and business content lead. She holds a master’s degree in International Design Business Management from Aalto University and an MSc in Innovation and Entrepreneurship from ESADE.

Authors

Emmi Laine, a financial editor with extensive experience in China, serves as our finance and business content lead. She holds a master’s degree in International Design Business Management from Aalto University and an MSc in Innovation and Entrepreneurship from ESADE.

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