Metso appoints Mr Kahkonen as new president

Aug. 27, 2010 - The Board of Directors of Metso has appointed Mr Matti K hk nen as the new president and CEO of Metso Corporation and Metso Group. Mr Matti K hk nen will start in his new position on March 1st 2011.
Mr Matti K hk nen is currently president of Metso's Mining and Construction Technology segment and he will continue in this position until assuming the duties of CEO of Metso. He has a long career at Metso, holding various management positions in the automation as well as the mining and construction technology businesses. He has been a member of the Metso Executive Team since 2001.
Mr Jukka Viinanen chairman of the board of directors of Metso said that "Matti K hk nen has a strong track record with Metso. The latest achievement of Matti and his team has been the successful implementation of transforming Mining and Construction Technology segment's way of operating to be more integrated and services driven. Matti is known for his open and straightforward management style, and I am certain that under his leadership Metso has excellent future for continuing the strategy of profitable growth".
Matti K hk nen said that "I am really excited about this opportunity to start as CEO of Metso. Metso has several leading market positions and we are especially recognized for our technological know how and our strong global presence. My goal is to ensure that Metso's positive operational and financial development during the past few years will continue. I want to make sure that Metso is a competitive, truly global, services-oriented company with a strong focus on customer satisfaction and shareholder value creation."