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HKScan CEO Tero Hemmilä steps down
Rafaela Sousa

Rafaela Sousa

3 October 2022

HKScan CEO Tero Hemmilä steps down

HKScan Corporation has announced that its CEO, Tero Hemmilä, will step down from his position, effective immediately. Hemmilä has been replaced by Juha Ruohola as interim CEO. Ruohola is a member of the company's executive team and has previously worked as EVP for the business unit of HKScan's Baltic and Polish business. Hemmilä joined as CEO in February 2019. He previously worked at HKScan between 1997-2010, holding several leadership roles such as SVP of its meat business and SVP of strategy and development. The resignation came as Reijo Kiskola, chairman of the board of HKScan, announced that “urgent measures” were needed “to improve the profitability of the core business and to strengthen the balance sheet in a rapidly changing operating environment”. Kiskola added: “The interim CEO, Juha Ruohola, has versatile and international expertise in the industry, which provides excellent support for HKScan's measures to significantly improve the company's profitability. In the longer term, the strategic change from a meat company into a versatile food company opens up new opportunities for growth.” The Swedish meat producer says that it has already begun the recruitment process for a new CEO.

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