Sievi Capital Plc's Board of Directors and CEO Jussi Majamaa have agreed that Majamaa will leave his position as the CEO of the company immediately on 22 March 2023. The search process for appointing a new CEO has commenced. Ville Nikulainen has been appointed as the interim CEO of Sievi Capital as of 22 March 2023.

Nikulainen has extensive and international work experience from financial, managerial, and board of directors duties, including serving as the CFO of Mint of Finland Ltd. and Assemblin Oy, as well as serving in other financial management duties at Stora Enso Oyj and Uponor Corporation, among others.