“Following an extensive international search process, Heikki Malinen singled out as the top candidate for the CEO position due to his previous CEO roles in demanding environments, as well as international experience in sales and process industry,” said board chairman Kari Jordan. 

“His long board membership in Outokumpu naturally is an additional advantage providing profound knowledge and understanding of Outokumpu’s business. I am confident that as the CEO, Heikki will be a great asset to the company.”

Malinen will step down from the board at the end of the month and take on his new duties on 16 May.