Finnish lessor 3 Step IT’s chief executive Artti Aurasmaa is to step aside as part of an ongoing process of defining a strategic plan for 2020, according to a statement from the company’s board.

Aurasmaa has been with the company for the past 14 years, a time which saw him oversee a consolidation of the IT leasing company’s operations and focus on the sale of added-value services as well as their core IT leasing business. Under his leadership 3 Step saw a 20% increase in profitability for 2013 with a €9.4m operating profit.

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Aurasmaa said: "I have enjoyed every day at 3 Step IT for the past fourteen years. It’s a great team, and we have achieved exceptional results. The company is in better shape than ever and I feel there would not be a better moment to step down as CEO. It’s the right time for me to seek new challenges"

Talking to Leasing Life Aurasmaa confirmed that the decision had been a mutual one and part of a long standing plan. Now, he said, he was looking forward to spending more time with his son and family before pursuing opportunities elsewhere.

Jarkko Veijalainen, chairman of 3 Step IT, said of Aurasmaa’s departure: "Together Artti and I have achieved more than we could have ever dreamed of and we continue to share the same passion for the business. We also continue to believe in our team and our business model"

Current chief operating officer and deputy managing director Keijo Vikkula will act as chief executive starting 9 April. Ville Alanen will continue in the role of managing director 3 Step IT Oy in Finland.

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