Th1ng has appointed founder Klas Westholm as its CEO, following a period of leadership changes. Westholm, who previously resigned as CEO in November 2024, returned to the position after interim CEO Tomas Karlsson stepped down due to health reasons in late January 2025, followed by a brief period with Robert Spertina as acting interim CEO. Westholm's focus will be on strengthening the sales team to boost IoT service revenue and securing both short- and long-term financial stability.