Pekka Vauramo to continue as Metso Outotec’s President and CEO until end of 2024

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Metso Outotec Corporation’s stock exchange release on December 19, 2022, at 4:05 p.m. EET

Metso Outotec’s Board of Directors and President and CEO Pekka Vauramo have agreed that Vauramo’s contract will be extended until the end of 2024.

In October 2020, Metso Outotec had announced that Vauramo’s contract was extended until the end of 2023.

Pekka Vauramo started as Metso’s President and CEO in November 2018 and has continued as Metso Outotec’s President and CEO after the merger completed in July 2020.

“Following the merger of Metso Minerals and Outotec, Metso Outotec has executed its strategy successfully and the company is well positioned for future growth. In the prevailing uncertain global environment, it is appropriate that there is continuity in the leadership and that Pekka Vauramo’s contract as President and CEO is extended”, said Kari Stadigh, Chair of the Board of Metso Outotec.

“Metso Outotec has developed well, and we continue to have good opportunities ahead. I am happy to be part of the journey for another year,” said Pekka Vauramo, President and CEO.

Further information:

Kari Stadigh, Chair of the Board of Directors, Metso Outotec Corporation (contact: Camilla Hildén, +358 40 551 5550)
 

Distribution:

Nasdaq Helsinki Ltd

Main media

www.mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec

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