WithSecure Oyj announced as announced in a stock exchange release on 17 February 2022, the board of directors of the company decided to pursue towards the separation of the consumer security business through a partial demerger (the Demerger), whereby the company's consumer security business would be transferred into a new independent company, to be named F-Secure Corporation (F-Secure), whereas the renamed the company would carry on the Corporate Security business. The board of directors of the company has appointed Timo Laaksonen as the President & CEO of F-Secure. Currently, Mr. Laaksonen is the Executive Vice President of Consumer Security at the company, and he has held various positions at the company since 2012.

Before his time at the company, Mr. Laaksonen has held senior leadership positions in several international software companies. He will continue in his current position until the completion of the Demerger, at which time the appointments concerning F-Secure will take effect. Furthermore, the following persons have been appointed to constitute F-Secure's Management Team, together with the President & CEO, effective upon the completion of the Demerger: Richard Larcombe as chief marketing officer, Antero Norkio as Senior Vice President, Corporate Development, Paul Palmer as Senior Vice President, Partner Business, Sari Somerkallio as chief financial officer, Perttu Tynkkynen as Senior Vice President, Direct Business, Kitta Virtavuo as chief people officer and Toby White as chief technology officer.