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Chief People Officer Taru Salo is leaving Siili Solutions for Attendo, handing the people agenda to Timo Miiluniemi on an interim basis as the AI-focused digital development company navigates a leadership reset while continuing to invest in AI and international growth.
Salo, who joined Siili in 2021, will leave her post at the end of August. Timo Miiluniemi, currently director, people and learning, will become interim CPO on September 1 while the company begins the search for a permanent successor, the Finnish technology consultancy announced yesterday.
Salo's departure marks the fifth change to Siili's management team since September 2025 and comes as the company continues its search for a permanent chief executive following Tomi Pienimäki's departure in May.
Interim CEO Markku Savusalo thanked Salo for her contribution. ”I want to thank Taru for the past five years at Siili – especially for her strong approach to competence development and driving Siili’s AI transformation," he said.
On the same day, Attendo revealed Salo’s next destination. The HR executive will join the Nordic care-services company as chief human resources officer on Sept. 14.
Attendo said the appointment is intended to strengthen its HR capabilities, leadership and organizational renewal as technology and AI reshape care delivery and competition for skilled workers. The company highlighted Salo's experience leading Siili's AI transformation program and noted that she received AI Finland's AI Forerunner Female Award in 2025.
Leadership reset continues
Salo's departure marks the latest executive change during a year of transition for Siili.
In May, CEO Tomi Pienimäki stepped down by agreement with the board of directors after leading the company for four years into what the board described as a “new strategic phase.” Markku Savusalo, previously VP of digital engineering, was appointed interim CEO while the search for a permanent chief executive continues.
The leadership changes have coincided with a difficult operating environment. In April, Siili launched change negotiations covering around 311 employees in Finland after management said AI adoption among Finnish customers had progressed more slowly than expected. The process concluded with temporary layoffs affecting consultants, fixed-term employees and members of management during 2026. Savusalo said the measures were intended to safeguard profitability while the company continued strengthening its sales organization and service offering.
Financial pressure remains
The management changes have unfolded against a weaker operating backdrop. Revenue declined over 3% to EUR 108.1 million in 2025, while adjusted EBITA fell to EUR 4.1 million after Siili cut its earnings guidance in December, citing postponed customer decisions and a technical accounting correction.
The pressure carried into 2026. First-quarter revenue fell over 14% year over year to EUR 25.7 million and adjusted EBITA slipped to a loss of EUR 0.2 million from a EUR 1.3 million profit a year earlier.
Despite the weaker start, Siili reaffirmed its full-year guidance of EUR 102 million to EUR 126 million in revenue and adjusted EBITA of EUR 3.7 million to EUR 6.9 million, and said the layoff negotiations would not affect that outlook.
What Siili is working toward
While managing leadership turnover and weaker demand, Siili has continued executing its strategy around AI, international growth and capability development.
The company became one of the first Finnish businesses to receive ISO/IEC 42001 certification for AI management in 2025. In May, it introduced an AI-driven modernization model featuring its Legacy Code Analyzer, which it says can reduce the initial analysis of legacy systems by 40% to 60%.
Siili also increased its ownership in Hungarian product innovation agency Supercharge to 100% from 85% and in Finnish IT consultancy Integrations Group to 70% from 55% in May. The acquisitions were financed with a bank loan, while the shareholder agreement gives the parties the option to complete the acquisition of the remaining Integrations Group stake during 2027.
Investor watchpoints
Siili's half-year report on August 11 will be the first opportunity for investors to assess performance under interim CEO Markku Savusalo. The results will also show whether the company has begun to recover from a weak first quarter while maintaining its full-year guidance.
Beyond the earnings figures, investors may look for further details on the financial and operational impact of Siili's increased ownership of Supercharge and Integrations Group.
The report will land as Siili continues recruiting both a permanent chief executive and a permanent chief people officer, leaving two key leadership positions on an interim basis during a broader organizational transition.
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