CHANGE OF CEO – SP STAINLESS OY HAS A NEW CEO FROM 1 JANUARY 2025 

30.8.2024

Arto Koljonen, the long-serving CEO of SP Stainless Oy, has announced his desire to step down from his leadership role. The company’s board has appointed Hannele Ranta (Engineer, B.Sc.) as the new CEO. The transition will be conducted smoothly at the turn of the year, with Ranta starting in her new role on January 1, 2025. Hannele Ranta has been with the company since 2020, serving as a development engineer and a member of the management team. The incoming CEO has been in charge of various challenging development projects and has played a key role in the company’s strategic process and its implementation. 

“Nearly 20 years of leading the company has been a rewarding and educational time, but it has also demanded a lot. The decision to step down from the CEO role has been maturing for some time, and now is the right time to make room for a new leader who will continue the company’s good growth trajectory,” says the outgoing CEO, Arto Koljonen. 

A Time of Growth and Development 

Under Koljonen’s leadership, the company underwent significant changes and years of growth. In 2014, the company built new facilities and relocated to Toivala in Siilinjärvi. Over the years, the company has doubled its turnover and increased its workforce. The company also took its first steps into the export market in Sweden and made major strides in production development, introducing new manufacturing technologies such as a welding robot and an automatic welding machine. 

“We thank Arto for his commendable and excellent work at the company. As a responsible leader, Arto openly expressed his desire to step down well in advance, allowing the board time to respond and conduct a thoughtful and well-planned recruitment process to find the best possible successor,” sums up Juuso Nurminen, Chairman of the Board. 

To ensure a smooth transition, the new CEO will undergo an induction period that is planned to last until early spring 2025, with Arto Koljonen continuing in an advisory role until the end of this period. The good cooperation will continue afterward, with Koljonen remaining a co-owner of the company. 

“Arto’s long tenure as CEO has been a strength and has created stability, but now is a good time for change. We have full confidence in Hannele’s ability to bring positive development to the company in her new role and to continue on the path of growth that Arto has paved,” says Nurminen. 

Both the outgoing and the incoming CEO will be present at the Subcontracting Fair in Tampere on October 1-3, 2024. 

For more information, please contact: 

Juuso Nurminen 
Chairman of the Board 
Jse.nurminen@gmail.com 

Krista Kuosmanen 
HR Manager / Member of the Board 
Krista.kuosmanen@spstainless.fi 
Phone: +358 40 195 0425