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Analyst Comment

Change of Meriaura Group CEO

By Aapeli PursimoAnalyst
Summa Defence

Translation: Original comment published in Finnish on 7/31/2024 at 9:12 am EEST.

The company announced this morning that its current CEO, Kirsi Suopelto, has resigned from her position to join a new employer. She will, however, remain in office until September 30, 2024. 

The current chairman of the board, Jussi Mälkiä, has in turn been appointed as the new CEO as of October 1, 2024. In our view, the possibility of major discontinuities arising in connection with the transition is limited by the fact that the new CEO will be the founder and chairman of the Meriaura board, who thus also has extensive experience in the company and in the marine logistics sector in general.

At the same time, Antti Vehviläinen, current member and vice-chairman of the board, will take over as chairman of the board at the beginning of October.

Summa Defence is a Finnish defence and security technology group. The group provides strategic support and resources to companies in the sector, focusing on technologies related to situational awareness, mobility and protection, which benefit both civilian, security and defence sectors. The goal is to improve Finland's and Europe's overall security, security of supply and crisis management capabilities. Summa Defence is headquartered in Helsinki.

Read more on company page

Forum discussions

The previous one was a paywall article. Here is a press release providing background information: Kyösti Kakkonen - Suomesta käsin miljoonainvestointi...
12/6/2025, 9:53 AM
by JuhaR
11
Meanwhile, while websites are being written and new press releases are being drafted in Summa, Kyösti Kakkonen is building a drone business....
12/6/2025, 9:21 AM
by Mikko Marttinen
18
The drone pages have been updated: summadefence.fi Droonit – Summa Defence “Summa Drones’ product range covers the Zeus product family’s flying...
12/5/2025, 9:21 PM
by JuhaR
8
I wonder when people will start demanding this imaginary company be delisted from the stock exchange? It’s been serving up some pretty wild ...
12/5/2025, 4:41 PM
by Gunman
5
Perhaps Summa operates at a clock speed we don’t yet know and cannot understand? Time is a crucial resource in growth companies and should not...
12/5/2025, 4:27 PM
by Mikko Marttinen
20
Additionally, the company announced that Rear Admiral (ret.) Juha Vauhkonen returns to Summa Defence as Strategy Director. Leo Vanhatalo has...
12/5/2025, 3:22 PM
by ljkangas
4
I saved a lot of money with the Swedish wonder, Intellego, when I exited after the CFO changed a couple of months later. Just a tip.
12/5/2025, 2:47 PM
by antti314
4
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