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Change in Outokumpu Leadership Team: Rolf Schencking appointed as President, business line Advanced Materials

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Outokumpu Corporation
Stock exchange release
August 8, 2024 at 8.55 am EEST

Change in Outokumpu Leadership Team: Rolf Schencking appointed as President, business line Advanced Materials

Outokumpu has appointed Rolf Schencking (M.Sc. Eng.) to start as President, business line Advanced Materials and member of the Outokumpu Leadership Team as of October 1, 2024. Thomas Anstots, the current position holder, has decided to retire at the end of 2024.

“We are pleased to announce the appointment of Rolf Schencking as Thomas Anstots’s successor. Mr. Schencking has extensive experience in the metal industry as well as thorough understanding of the steel market and advanced materials sector. His expertise will be a valuable asset to Outokumpu, and we warmly welcome him to the Leadership Team. I also want to express our warmest thanks to Thomas Anstots for his service and commitment and wish him all the best for his retirement,” says Heikki Malinen, President and CEO of Outokumpu.

“Outokumpu’s long legacy and track record of innovations inspire me, and I am excited to join the global leader in sustainable stainless steel. I look forward to this opportunity to lead Outokumpu’s advanced materials operations and to strengthen the company’s global market leadership in advanced products with my expertise and experience,” says Rolf Schencking.

Rolf Schencking joins Outokumpu from VDM, where he has held the position of Chief Technology Officer since 2018. Prior to that, he worked at various metal companies in the aluminum industry, for example. He will report to the President and CEO of Outokumpu and be based at Outokumpu’s office in Krefeld, Germany.

Mr. Schencking’s CV and photo are available in the attachments to this release.

For more information: 

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669 

Media: Päivi Allenius, SVP – Communications and Brand, tel. +358 40 753 7374, or Outokumpu media desk, tel. +358 40 351 9840, e-mail media(at)outokumpu.com

Outokumpu Corporation


 

Outokumpu is accelerating the green transition as the global leader in sustainable stainless steel. Our business is based on the circular economy: our products are made from 95% recycled materials, which we then turn into fully recyclable stainless steel. This steel is utilized in various applications across society, including infrastructure, mobility, and household appliances. We are committed to 1.5°C target to mitigate climate change, and with up to 75% lower carbon footprint than the industry average, we support our customers to reduce their emissions. Together, we are working towards a world that lasts forever. Outokumpu Corporation employs approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. Read more: www.outokumpu.com 

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