Changes in Outokumpu’s Leadership Team

Outokumpu Oyj
Stock exchange release
July 16, 2020 at 9.00 am EEST

Changes in Outokumpu’s Leadership Team

Liam Bates, B.Sc. hons Economics, MBA, has been appointed President, Long Products with immediate effect. Kari Tuutti, who has been leading business area Long Products since 2014, has decided to pursue his career outside Outokumpu. In his new position, Liam Bates will report to CEO Heikki Malinen, but he will not continue as a member of the Outokumpu Leadership Team.

Liam Bates has been working at Outokumpu since 1993 in various positions including Business Development, Mergers & Acquisitions, Head of Quarto Plate Europe and Supply Chain Management. He has been a member of the Outokumpu Leadership Team since 2015.

Says CEO Heikki Malinen: “I am extremely happy to appoint Liam to lead our Long Products business. Liam’s broad experience in various areas within Outokumpu will provide an additional boost to the strategic review of Long Products which will be completed during 2020.”

“I also want to express a warm thank you to Kari Tuutti for his valuable contribution to Outokumpu’s transformation during the past nine years and for his achievements as the Head of business area Long Products. Under Kari’s leadership, our Long Products business has made solid progress providing a good foundation for further development. I wish Kari all the best for the future,” says Heikki Malinen.

For more information:

Reeta Kaukiainen, EVP – Communications and IR, tel. +358 50 522 0924

Investors: Marja Mäkinen, VP – Investor Relations, tel. +358 40 671 2999

Outokumpu Oyj


Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel, through customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com