Michael Palo, SVP Business Area Iron Ore, leaves LKAB for new challenges
As of April 1st 2026, Michael Palo will leave LKAB in his role as Senior Vice President for Business Area Iron Ore and member of Group Management.
After seven years in the position, Michael Palo is stepping down to take on a new role as Director Technology Business Area Mines at Boliden.
“I will miss LKAB, which is close to my heart, and all the competent colleagues I have had the opportunity to work with. But I feel that this was the right time in life to do something new. I wish LKAB the best of luck going forward,” says Michael Palo.
A recruitment process will now begin to find his successor.
“On behalf of the company, I want to thank Michael for the work he has done and the broad mining expertise he has contributed with, which has led to significant development for the Group. I wish Michael the best of luck in his future endeavors,” says Jan Moström, President and CEO of LKAB.
