KH Group: CEO Carl Haglund to step down
Summary
- KH Group announced that CEO Carl Haglund will step down, a move that aligns with his initial description of the role as temporary.
- During Haglund's tenure, the company successfully divested Indoor Group and streamlined its structure, contributing to a convincing turnaround.
- Haglund will remain CEO for up to six months or until a successor is found, while continuing as Chair of the Board of Nordic Rescue Group.
- The company has not yet decided whether to appoint a new CEO or consider Tuomas Myllynen, CEO of KH-Koneet, for the role.
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Translation: Original published in Finnish on 10/28/2026 at 6:50 am EET.
KH Group announced on Tuesday that CEO Carl Haglund has decided to step down. His departure does not in itself surprise us, as he originally described his role at KH Group as a temporary project. The handover will come slightly earlier than we expected, however. In our view, the turnaround progressed convincingly during Haglund’s short tenure, in which the company, among other things, divested Indoor Group, which had weighed on the group, and streamlined its group structure. The news prompts no changes to our estimates.
Haglund will remain CEO for up to six months or until a successor is found, and will also continue as Chair of the Board of subsidiary Nordic Rescue Group. Looking ahead, it will be interesting to see whether KH Group looks for an entirely new CEO, or whether Tuomas Myllynen, who took over as CEO of KH-Koneet, could also take on the role of CEO of the parent company. Given KH Group’s small size and now simpler group structure, we believe this would be quite a well-founded solution.
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