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Changes in Outotec’s Executive Board
04/28/2010 - Outotec has appointed Mika Saariaho, Ph.D. (Technology), as Chief Strategy Officer and member of the Executive Board as of August 1, 2010. CFO and member of the Executive Board, Vesa-Pekka Takala, is leaving after 21 years of service in Outotec's former parent company Outokumpu.
Outotec has appointed Mika Saariaho, Ph.D. (Technology), as Chief Strategy Officer and member of the Executive Board as of August 1, 2010. His responsibilities will include corporate development, strategy process, mergers and acquisitions, and integration processes.
Saariaho, 37, has been Deputy Director General of the World Steel Association since 2007 based in Brussels, Belgium. Previously Saariaho was responsible for Outokumpu Oyj's corporate strategic planning, and he has worked as a management consultant for McKinsey & Co.
Chief Financial Officer and member of Outotec's Executive Board, Vesa-Pekka Takala, will leave Outotec after 21 years of service in Outotec's former parent company Outokumpu. He served in various leadership positions related to finance and control, and as Outotec's CFO as of the listing of the company in 2006.
Takala will transfer to Metsäliitto Group, an international forest industry group. He will work for Outotec until the end of July. The recruitment process for a new CFO is under way.
"I warmly welcome Mika Saariaho to Outotec's Executive Board. His industry experience and experience in strategy and corporate development will be valuable for us when developing Outotec further. I want to thank Vesa-Pekka Takala for his invaluable contribution to building up Outotec's financial systems, investor relations, and image in the financial community, and I wish him all the best in his new role as CFO of Metsäliitto Group," said Pertti Korhonen, President and CEO of Outotec.
