Klarna is reshaping its senior leadership after lowering its full-year revenue outlook and reporting weaker-than-expected growth visibility. Chief Financial Officer Niclas Neglén and chief marketing officer David Sandström will transition out of their roles by early 2027, while the Sweden-based digital bank and payments provider searches for a New York-based CFO. Neglén has served as CFO for six years and helped take Klarna public in September 2025; Sandström has held his role for nearly a decade. The announcements coincided with a roughly 22% decline in Klarna’s stock. The company reported second-quarter diluted earnings per share of $0.01, revenue of approximately $1.04 billion, up 27% from a year earlier, and a surprise $9 million net profit. It cut its full-year revenue outlook to $4.08 billion-$4.16 billion, citing weaker retail spending in Germany, its largest European market. Shares fell another 2.19% on Wednesday to close at $14.73. Klarna trades on the New York Stock Exchange under KLAR, serves nearly 120 million global active users and is backed by Sequoia Capital, its largest institutional shareholder. The company said the executive changes were not driven by disagreements over its operations, policies or practices.