Leadership Transition at Arco Vara AS: CFO Departure Announced

Author: Logan Wright Updated: 03-31-2025 02:16 AM

Significant Leadership Change at Arco Vara AS

In a noteworthy development, Arco Vara AS has announced the departure of its Chief Financial Officer, Tiina Malm. This shift in leadership marks a pivotal moment for the company as they begin the quest for a new CFO. Kristina Mustonen, a current board member, has taken on the responsibility of leading the search for a suitable candidate to fill this key role.

Tiina Malm: A Journey of Growth

Tiina Malm has been an integral part of Arco Vara since 2017 and took on the role of CFO in 2020. Her decision to step down is driven by a desire to embrace a new chapter in her life. "I want to take the greatest luxury and courage of my life and take a break from my career," she expressed. This reflects her commitment to personal growth and taking time for herself, a luxury she has not previously experienced.

The Future of Arco Vara: New CFO Search

The company is actively pursuing potential candidates for the CFO position, with expectations that the new appointee will assume their responsibilities by the end of May. This transition represents not only a change in personnel but also an opportunity for Arco Vara to bring in fresh perspectives and ideas that can drive the company forward.

Impact of CFO Change on Subsidiaries

Tiina's contributions to Arco Vara extend beyond her role as CFO; she is also a member of the board for various subsidiaries, including Arco Tarc OÜ, Arcojärve OÜ, Arco Spordi OÜ, Kerberon OÜ, Kodulahe Kvartal OÜ, and Kodukalda OÜ. The coming months may see reshuffles in these boards as the organization adapts to new leadership dynamics.

Looking Ahead

The journey of Arco Vara AS continues as it navigates this leadership transition. The company stands ready to explore new possibilities under fresh financial management, reaffirming its commitment to growth and innovation.

Frequently Asked Questions

What prompted Tiina Malm to resign from Arco Vara AS?

Tiina Malm is taking a break from her career to embrace personal growth and exploration, stating that she looks forward to this change with excitement.

Who is responsible for finding the new CFO?

Kristina Mustonen, a board member at Arco Vara AS, has taken on the task of leading the search for the new CFO.

When is the new CFO expected to start?

The new CFO is expected to assume their role by the end of May.

What other roles does Tiina Malm hold within the company?

Beyond her role as CFO, Tiina serves on the board of various subsidiaries associated with Arco Vara AS.

How might this change impact Arco Vara's subsidiaries?

The departure of Tiina Malm may lead to changes within the boards of the subsidiaries she oversees, potentially bringing in new leadership perspectives.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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