Tietoevry Announces Leadership Change as CEO Steps Down

TietoEVRY ( (GB:0KG0) ) has provided an update.

Tietoevry announced the resignation of its long-serving CEO, Kimmo Alkio, who has led the company for 14 years, steering it through significant transformations. Endre Rangnes, currently Managing Director of Tietoevry Banking, will assume the role of interim CEO, focusing on reinforcing market orientation and expanding international presence. This leadership change comes as Tietoevry embarks on a new chapter, repositioning itself as an international software and digital engineering company following the divestment of its Tech Services division. The transition is seen as a strategic move to drive sustainable growth and innovation, with a global search for a permanent CEO underway.

More about TietoEVRY

Tietoevry is a leading software and digital engineering services company with a global market reach, offering mission-critical solutions through specialized software businesses such as Tietoevry Care, Tietoevry Banking, and Tietoevry Industry, as well as digital engineering via Tietoevry Create. The company has a strong focus on empowering customers to innovate with the latest technology, supported by a team of 16,000 experts. Tietoevry’s shares are listed on NASDAQ exchanges in Helsinki, Stockholm, and Oslo, with an annual revenue of approximately EUR 2 billion.

YTD Price Performance: -2.08%

Average Trading Volume: 22,955

Technical Sentiment Signal: Buy

Current Market Cap: €1.9B

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