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Tumultuous Summa Defence hires Robert Blumberg to start as CEO on April 13; Petter Ruda named CFO
Tumultuous Summa Defence hires Robert Blumberg to start as CEO on April 13; Petter Ruda named CFO

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Robert Blumberg, CEO of Mapvision, will take on the role of CEO of Summa Defence on April 13, 2026, cutting Interim CEO Timo Huttunen’s tenure to almost six months, the Finnish defence and security technology group announced today.

Blumberg currently serves as CEO of Mapvision and previously held senior roles at Lemminkäinen and Valmet Automotive, where he was COO. Earlier in his career, he spent a decade at Metso in project management and business development roles across Finland and China.

Moreover, Summa said that Petter Ruda will join the company as chief financial officer, also effective April 13, 2026. He will report to Blumberg and serve on the executive management team. Ruda joins from outside the company and brings more than 20 years of financial leadership experience.

The appointments mark the first additions to the executive management team following a turbulent period of leadership changes in 2025. Five management team members left Summa last year, based on Listeds data.

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Summa Defence Plc is a Finland-based defence and security technology group focused on building a portfolio of companies across maritime, land, and new technologies. In 2025, the company reported net sales of EUR 100.9 million, up from EUR 79.2 million, while profitability remained negative, with an operating loss of EUR 19.8 million, reflecting restructuring costs and early-stage investments. 

“I would like to warmly thank Interim CEO Timo Huttunen for his successful leadership during the transition period,” said Chairman Arto Räty, highlighting the board’s confidence in the new management team to advance the company’s strategic goals.

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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.

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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