Metso appoints CFO Harri Nikunen as exec VP and deputy to CEO; former exec VP and deputy Pasi Laine appointed as president and CEO of Valmet Corporation

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Metso appoints CFO Harri Nikunen as exec VP and deputy to CEO; former exec VP and deputy Pasi Laine appointed as president and CEO of Valmet Corporation

October 28, 2013 - 16:17

HELSINKI, Oct. 24, 2013 (Press Release) - Metso's Board of Directors has appointed Harri Nikunen (b. 1955) as Metso's Executive Vice President and Deputy to the CEO as of November 1, 2013. In addition to his new duties, Mr. Nikunen will continue as Metso's Chief Financial Officer (CFO), a position he has held since March 2011; he has been employed by the company since 1986.

Metso's former Executive Vice President and Deputy to CEO, Pasi Laine, has been appointed President and CEO of Valmet Corporation, the new company to be created in Metso's partial demerger.

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd.