Executive departures

Pia Aaltonen-Forsell, former CFO of Finnair, will join Valmet as chief financial officer and a member of the executive leadership team no later than the end of January 2027, as the Helsinki-listed industrial technology company advances a strategic review that could separate its two core businesses into independently listed companies. Aaltonen-Forsell succeeds Katri Hokkanen, who will leave the role by the end of September 2026 after nearly four years as CFO and almost two decades with the company, Valmet announced on July 24. On the same day, the board launched a strategic review to assess whether separating the two businesses of Biomaterial Solutions and Services and Process Performance Solutions into independently listed companies would create greater shareholder value. Read more »

After five years on Spinnova's management team, Shahriare Mahmood will leave his role as chief product and sustainability officer, as the textile technology company works to restart fiber production during 2026 following a challenging year and a series of leadership changes. Mahmood will remain in the role until October 2026, and Spinnova has not named a successor, according to the recent press release. The departure follows several management team changes at the textile innovation company over the past 16 months, including a founder returning to lead as the CEO. Read more »

Timo Ritakallio, President and Group CEO of Finland's OP Pohjola, has announced that he will retire on 1 July 2027 in line with his executive contract. He will continue in the role until his retirement date. Read more »

Rami Raulas will retire as chief executive of SSH Communications Security Oyj after less than three years in the role, with the board launching a search for his successor as the Helsinki-listed cybersecurity company works to restore profitability while expanding its recurring software business and strengthening its position in defense and critical infrastructure. Read more »

Cristian Arias, CFO of Neural DSP Technologies, will join SSH Communications Security as chief financial officer and a member of the executive management team by Oct. 1, 2026, following the withdrawal of the company's previous CFO appointee. He joins the Helsinki-listed cybersecurity company as it works to convert its Leonardo partnership into revenue, expand recurring software sales and return to stronger profitability. Read more »

Tuukka Paavola, former CFO of Nightingale Health, has left Bioretec as chief financial officer with immediate effect after serving less than six months, making him the medical device maker’s third finance chief within roughly a year.  Read more »

Tomi Hyryläinen, chief financial officer of Tieto, will leave the software and digital-engineering company at the end of December 2026 after nearly eight years in the role, opening a search for his successor as the company advances its software-led strategy and works toward its 2026–2028 financial targets. Read more »

Kurt Bossuyt, one of Raute's longest-serving executives, will leave the Lahti-based wood technology company as executive vice president of services and a member of the executive board by Sept. 24, 2026, as the company continues reshaping its leadership during a sharp downturn in demand. Raute has launched the search for his successor immediately. Read more »

Sami Tanner, head of strategy at Musti Group, will leave the Nordic pet care retailer in autumn 2026 after serving on its group management team since 2018, as the company works to integrate its Portuguese acquisition and sustain double-digit growth. Read more »

Soila Söderström, Betolar Plc's general counsel and management team member whose remit extends across legal affairs, human resources, communications and sustainability, will leave the company on July 15, 2026, less than three weeks before incoming CEO Vibeke Krohn takes office. Read more »

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Anne-May Asplund will leave Duell Corporation as chief people officer on September 15, 2026, becoming the fourth senior leadership departure or appointment at the company in the past 10 months as CEO Tomi Virtanen reshapes the management team. Read more »

Maria Alahuhta will no longer join SSH Communications Security Corporation as chief financial officer, reversing a high-profile executive appointment announced just two months ago and extending the cybersecurity company's search for finance leadership. Read more »

Mikko Kuusilehto, who has led Robit Plc's turnaround efforts since August 2025, will leave the Finnish drilling tools manufacturer as chief executive in December 2026 after less than 16 months in the role, the company announced today. His departure comes as Robit works to return to growth following a difficult 2025 and prepares to execute a newly secured pipeline of mining supply agreements worth EUR 7 million to EUR 10 million across Australia, North America and South Africa. Read more »

LeadDesk Oyj is overhauling its leadership team, appointing Pekka Alli as chief technology officer, preparing for the departure of CFO Teemu Rautiainen, and moving VP of Engineering Jarno Tenni out of the group management team as the company enters its next growth phase. Read more »

Kaj Koskela, Kesla Plc's sales and customer care director and a management team member since 2025, will retire on July 1, 2026, as the Finnish machinery maker enters a pivotal period shaped by surging defense demand and an ongoing profitability turnaround. Read more »

Departure marks the fourth management-level exit since October as Eezy pushes for growth, profitability, and a broader shift toward technology-enabled staffing. Markus Muurinen, business director for staffing services in Turku and Seinäjoki, will leave Eezy Plc on July 31, 2026, stepping down from the group's management team after serving in several senior sales and business leadership roles. His departure comes as the Finnish staffing and recruitment company works through an ambitious turnaround program aimed at restoring growth and lifting profitability. Read more »

Veli-Pekka Paloranta will leave Lehto Group at the end of August. His successor will join a company still operating under a restructuring program while pursuing ambitious growth plans in battery energy storage. Read more »

Martela's leadership transition is turning into something broader than a CEO change. The Finnish workspace company said today that VP, HR & Sustainability Suvi-Maarit Kario and VP, Brand & Portfolio Eeva Terävä will leave in August to pursue opportunities outside the company. Read more »

F-Secure’s leadership reshaping continues. The Finnish cybersecurity company said recently that Chief Product Officer TL Viswanathan will leave in mid-August to pursue new opportunities. His departure marks the fifth senior leadership transition at the company in less than a year, following changes across finance, strategy, and technology. Read more »

Elina Rahkonen is leaving Wulff Group at a moment of unusual strength for the Helsinki-listed worklife services and products group. Just three and a half weeks before announcing her resignation, Wulff reported its strongest quarterly result in years: Q1 2026 net sales rose 16% to EUR 31.5 million, while operating profit climbed +730% to EUR 2.5 million. Read more »

Pasi Flinkman is leaving Raisio less than two years after taking over as CEO of the Finnish food company. The announcement landed today as an inside information release on the Helsinki stock exchange, nine days after Raisio reported one of its strongest quarterly profitability improvements in recent years. Read more »

Kimmo Hakkala, vice president of customer success at Martela Oyj, will leave the Finnish office furniture company’s group management team on June 1, 2026, extending a broader leadership reshaping underway at the Helsinki-listed company as a newly configured board settles into place. Read more »

Kempower, a Finnish EV charging manufacturer that rode two Nasdaq listings to global ambition, now faces a major executive transition, just as it expands across Europe and launches megawatt charging hardware. The choice of successor will shape how Kempower navigates its next phase. Read more »

General Counsel Hanna Kyrki will leave Summa Defence Plc by 13 November 2026, ending a nine-month tenure that began shortly after the Finnish defence and security technology group was formed through its merger with Meriaura Group. Read more »

Glaston Corporation is losing one of its longest-serving commercial leaders as Kimmo Kuusela, EVP sales & service for EMEA & APAC, departs after 21 years to join Robit Plc as VP sales & marketing. The move leaves Glaston with a leadership vacancy across two of its largest geographic markets during a period of weak industrial demand and extensive executive restructuring. Read more »

Junno Roine, director of business customers at Alisa Bank Plc, will leave the company, the fintech lender announced today. Read more »

Eero Hautaniemi, president and CEO of Lassila & Tikanoja Plc since 2019, will step down from his role no later than June 30, 2027, at his own request. Read more »