Insider information: President and CEO Heikki Malinen to leave Outokumpu
Outokumpu Corporation
Insider information
May 2, 2024 at 11.55 am EEST
Insider information: President and CEO Heikki Malinen to leave Outokumpu
Heikki Malinen, President and CEO, has decided to leave Outokumpu to pursue a career opportunity outside the company.
“I would like to thank Heikki warmly for all the achievements during the past four years. Under Heikki’s leadership, Outokumpu’s transformation into a company with the strongest balance sheet in the industry and the return to paying dividends has been remarkable. A solid foundation has been laid, the company’s core is strong and Outokumpu is ready for the next phase of growth. I wish Heikki all the best in the next step of his career,” says Kari Jordan, Chairman of the Board of Directors of Outokumpu Corporation.
“The journey together started amidst COVID and has taken us to a position where we have the strongest balance sheet in the industry. Today, we are recognized as the sustainability leader with strong credentials in terms of safety, carbon emissions and diversity. I would like to extend my sincere appreciation to the Board, my colleagues in the leadership team and our highly dedicated employees worldwide for all that has been accomplished,” says Heikki Malinen.
Heikki will continue in his current position for up to six months or until his successor has been found. The process to find a successor will start immediately.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669
Media: Päivi Allenius, SVP – Brand & Communications, tel. +358 40 753 7374 or Outokumpu media desk, tel. +358 40 351 9840
Outokumpu is the global leader in stainless steel. 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 approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com