FOLLOW THE LEADERS: THE LATEST EXECUTIVE APPOINTMENTS

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Metso appointed Sami Takaluoma as the company's new president and chief executive officer (CEO) in late October.

Takaluoma commenced leadership duties on November 1, with thenpresident and CEO Pekka Vauramo continuing on until the end of the year to ensure a smooth transition.

Takaluoma has been with Metso since 1997 and has led Metso's services business area since 2021. He has been a member of Metso's leadership team since 2017.

Metso chair Kari Stadigh emphasised Takaluoma's extensive experience with Metso's businesses and customer industries in their selection.

"Sami has done an excellent job in leading the businesses and as a member of the leadership team over the past seven years," Stadigh said.

"Under his leadership, Metso's services and consumables businesses have grown and created significant value, especially after the merger of Metso and Outotec.

"The board is convinced that Sami is the right choice to lead Metso into its next phase." Stadigh, on behalf of the board, extended his thanks to Vauramo for his years of service to the company.

"Under Pekka's leadership, Metso has evolved into an even stronger company, with a significantly enhanced culture and improved customer satisfaction, and its profitability has been clearly raised to a new level," he said.

"We wish Pekka all the best and success in his new phase of life." Takaluoma thanked the Metso board for the opportunity to lead the company.