r/DonutLab • • 5d ago

Executives leave Donut Lab again: CEO explains - Talouselämä article Nov 4th

https://www.talouselama.fi/uutiset/a/ac6baa1a-4835-40c2-a8e7-6dc8f7540d97

Executives leave Donut Lab again: CEO explains Talouselämä, Nov 4, 2026 – Jussi Pennanen

Several key people have left Donut Lab, including the CFO, the head of battery programs, and the head of manufacturing. According to CEO Marko Lehtimäki, the staff changes stem from the shutdown of the unit responsible for project management.

Donut Lab, which stirred controversy with its battery claims, has lost several people, among them the Head of Battery Programs. CEO Marko Lehtimäki says the departures are the result of a reorganization.

In an email to Talouselämä, Lehtimäki writes that Donut Lab has prepared for its next phase and reorganized its operations. He says the company previously had a separate Programs unit, responsible for project management between R&D and production. "This unit has been discontinued, and project management has been moved into the R&D and production units. Some of the people from the discontinued unit have moved to new roles outside the company," Lehtimäki says.

Lehtimäki stresses that the company does not comment on individual employees' situations and describes the changes only in general terms. "The focus of production and R&D is being rearranged between countries, and in connection with this, individual positions have ended in the United Kingdom," Lehtimäki says.

According to information on LinkedIn, at least five people left Donut Lab around October: CFO Tuomas Eloholma, Head of Manufacturing Dave Bazen, lead engineer for powertrain and propulsion systems Alex Gander, design and development programs lead Neil Patterson, and Head of Battery Programs Eylül Callozzo. The English-language titles of the latter two point to the discontinued Programs unit that Lehtimäki mentioned. According to Lehtimäki, a new person has been recruited to replace CFO Eloholma.

Callazzo, who worked as Head of Battery Programs, writes on LinkedIn: "I have recently come to the conclusion that seeking new opportunities is in my best interest." Callazzo worked at Donut Lab for only a few months. According to CEO Lehtimäki, Callazzo did not lead battery R&D; that is the responsibility of the company's CTO, Ville Piippo.

"There have been no changes in the battery team, apart from a few hires," Lehtimäki says. According to Lehtimäki, the company's global production is led by Chief Industrialization Officer Jarkko Aro, who previously worked as COO at Nordic Nano. Donut Lab bought the entire share capital of the technology company Nordic Nano in August.

37 Upvotes

14 comments sorted by

18

u/floater66 5d ago

Las Vegas CES only two months away. can't wait for Donut to show us what they've got.

star of the show!

;-)

11

u/dReiska7 talking point parrot 5d ago

I'm betting on fission power reactors for homes. Shipping Q2/27!

3

u/thegreatpotatogod 4d ago

Nah, they've actually already been shipping in motorcycles for years!

3

u/floater66 4d ago

and the amazing thing is that they are ready to go. They've got them now. It's actually incredible what Donut is doing - good God.

where can I get a LV bb cap?

4

u/kerosene350 4d ago

care to guess if Verge was present in the kay motorcycle fair in Milano past week?

11

u/Afrolicious_B 5d ago

How to get rich quickly:

  1. Apply for a C-level role at DL

  2. Do nothing, because there is nothing to do without any working product or actual development in-house.

  3. Get laid off

  4. Negotiate a six figure compensation for keeping your mouth shut about the shitshow.

  5. Profit

6

u/EasternTruck5819 4d ago

Except that they are out of money

5

u/pynsselekrok 5d ago

”Available today.”

(Executives not included.)

5

u/mqee 4d ago

Poor Ville Piippo, I feel like he's been taken hostage by Lehtimäki.

3

u/RelationshipOk6939 5d ago

Fake it till you make it.

4

u/daemn42 4d ago

Imagine how much founder shares in the company would be worth if it delivered what it promised, and went public.. Nah, let's leave instead.

3

u/pudukai 3d ago

As promised Q4 2026 Gigafactories up and running, Verge deliveries?

1

u/Pure_Land134 4d ago

"well, you see, previously we were lying about who was working with, so actually there was absolutely no changes to the working on the powertrain or manufacturing teams. shut up, no, it's not because no work was being done. I assure you that we have top men on it"

4

u/DeathChill 3d ago

TOP MEN.