On 6 March 2023, Jonathan Tubb was appointed Deputy Group CFO in Ferronordic and member of the Executive Management Team. Jonathan has been CFO for Ferronordic's Russia/CIS segment since 2017. He will continue his role in the CIS segment, which currently comprises of Kazakhstan.

As Deputy CFO, he will also focus on Group operational finance issues. Jonathan has extensive experience in finance and audit. Before Ferronordic, Jonathan amongst other positions held partner roles in Deloitte and Ernst & Young.

Jonathan Tubb will report to the Group CFO, Erik Danemar. Martin Bauknecht steps down from the Group Executive Management Team but remain in his role as managing director for the German business, reporting directly to Lars Corneliusson, President and CEO of the Group.