OUTOTEC OYJ STOCK EXCHANGE RELEASE SEPTEMBER 22, 2015 at 10:00 AM

 

Mr Jari Ålgars joins Outotec on October 1, 2015 as the Chief Financial Officer and member of Outotec Executive Board. He holds a degree of M.Sc. (Econ) from Svenska Handelshögskolan i Vasa, Finland. Jari Ålgars has a long career in various top leadership positions at Andritz, including both business leadership and financial roles. He has previously also worked for Kone Oyj. Jari Ålgars is born in 1964, and is Finnish citizen. His CV can be found at www.outotec.com.

 

Mr Mikko Puolakka, CFO, will continue working for Outotec until January 31, 2016, ensuring smooth transition of his responsibilities to his successor. Mikko Puolakka joined Outotec in 2010 as CFO and member of Outotec Executive Board.

 

Ms Minna Aila, Senior Vice President, Marketing, Communications and Corporate Responsibility and member of Outotec Executive Board, will pursue her career outside the company as of October 18, 2015. She joined the company and Outotec Executive Board in 2012. She will continue her career at Nokia Corporation as Vice President, Corporate Affairs. Recruitment process for her successor has commenced and the nomination will be announced later. In the meanwhile, her duties will be covered by other Executive Board Members.

 

"I warmly welcome Jari Ålgars to Outotec. With his significant experience in international business and financial roles he will be an excellent addition to our team and will help us in improving our financial performance. At the same time I want to thank Mikko Puolakka for his contribution to developing Outotec's Finance & Control function from a holding company set-up to a truly integrated global one. I also want to thank Minna Aila for her contribution to our sustainability activities and for developing our communications and marketing to the next level. I warmly wish both Mikko and Minna all the best in their future careers", says Pertti Korhonen, President and CEO of Outotec.

 

For further information please contact:

 

OUTOTEC

 

Pertti Korhonen, CEO

Tel. +358 20 529 211

 

DISTRIBUTION:

NASDAQ OMX Helsinki

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