#USA #CFO #Stockholm #Stegra #Markus Holm

Markus Holm Joins Stegra as Chief Financial Officer

In a significant leadership shift, Stegra has announced the appointment of Markus Holm as its new Chief Financial Officer (CFO), effective March 1, 2026. This change comes as Otto Gernandt steps down from the role after more than five years, during which he played a pivotal role in the company's growth and strategy.

Markus Holm arrives at Stegra with an impressive portfolio spanning over two decades across various sectors, including the processing industry, green energy, and startups. His depth of experience, particularly in CFO and executive roles in multinational corporations, positions him as an ideal fit for Stegra—a company focused on industrial impact and sustainable practices.

Holm previously held the position of CFO and Board Member at Elcogen Group, contributing to the firm's advancements in innovative technologies. His extensive background includes notable tenures as CFO and COO at Sanoma Corporation, as well as leadership roles at Metsä Board and Metsä Tissue Corporation. With such a rich professional history, Holm’s expertise is expected to further fortify Stegra’s strategic ambitions, particularly in scaling operations in a competitive marketplace.

Henrik Henriksson, CEO of Stegra, expressed confidence in Holm's capabilities. He stated, "Markus' experience is a great fit for an industrial impact scale-up company like Stegra. Beyond his long and broad professional experience, he also has values that align with what we appreciate in our leadership and our teams. I am very glad to have Markus join Stegra and the management team."

Gernandt’s departure marks the end of an era characterized by his commitment and strategic vision for Stegra. As a founding member of the company’s management team, Gernandt was instrumental in securing groundbreaking financing and establishing Stegra's foothold in the green steel market, a vital aspect of the company’s mission to promote sustainability within the industry.

Despite stepping down from his role as CFO, Otto Gernandt will continue his association with Stegra as a senior advisor, focusing on ongoing funding initiatives essential for the company’s progression. Henriksson remarked, "Otto has been with Stegra from the beginning and has played a leading role in the realization of our vision. We appreciate that he will continue to provide support as we complete the ongoing financing, and we wish him well in his future endeavors."

Stegra itself has been on a rapid upward trajectory since its founding in 2020. Following the completion of initial funding and permitting processes, the company began constructing its integrated plant for green hydrogen, green iron, and green steel in 2022. Currently, substantial progress has been made on civil works at the site, with a strong focus on engineering and the installation of crucial equipment across various plant sections, namely hydrogen, iron, steel mills, as well as water treatment facilities and the on-site power plant. The establishment of railway infrastructure is also underway, promising enhanced logistics and connectivity for operations.

As Stegra gears up for this new chapter with Markus Holm at the financial helm, stakeholders remain optimistic about the company's trajectory toward its sustainable production goals, showcasing the importance of strategic leadership in achieving ambitious corporate visions.