Metso names new CEO, president

By |  May 23, 2018

Vauramo

Metso Corp. appointed Pekka Vauramo to the position of president and CEO, effective in November 2018.

Vauramo comes to Metso from Finnair, which he also served as president and CEO. Prior to his time with Finnair, Vauramo held management positions with Cargotec from 2007 to 2013, as well as Sandvik from 1985 to 2007.

“Pekka Vauramo has a proven track record in leading businesses facing competitive global markets, and he has long and extensive experience in the mining industry and in an international business environment,” says Mikael Lilius, chair of Metso’s board of directors. “His experience is a good fit for Metso, which has achieved solid momentum this year with its new and goal-oriented organization and management team.

“The board is confident that Pekka is the right person to lead the company forward with its current strategy and create added value for its customers and shareholders,” Lilius adds.

CFO Eeva Sipilä will continue to serve as Metso’s interim CEO until Vauramo assumes his new role in November.

“Metso is a great company with world-class competence and experts,” Vauramo says. “I am familiar with Metso’s operating environment thanks to my long background in the industry, and therefore I find the opportunity to start leading Metso an attractive one. I look forward to building the company’s future together with the Metso team.”

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