The Board of Directors of Metso Corporation has appointed Sami Takaluoma as the new President and CEO. The new executive will assume his duties on November 1, 2024.
The current President and CEO of Metso, Pekka Vauramo, will remain with the company as per his contract until the end of 2024 to ensure a smooth transition of responsibilities.
Sami Takaluoma has been with Metso since 1997 and has led the Metso Services business area since 2021. He has been a member of Metso’s Leadership Team since 2017.
Kari Stadigh, Chairman of the Board of Metso, highlighted Sami Takaluoma’s extensive experience with Metso's business operations and customer industries in his selection. “Sami has done an outstanding job leading the business and as a member of the leadership team over the past seven years. Under his leadership, Metso's services and consumables businesses have grown and created significant value, especially following the merger of Metso and Outotec. The Board is confident that Sami is the right choice to take Metso into its next phase,” says Stadigh.
“On behalf of the entire Board of Directors, I would also like to express our gratitude to Pekka Vauramo, who is now stepping down as President and CEO of Metso, as previously agreed. Under Pekka’s leadership, Metso has become an even stronger company, with a greatly improved culture, enhanced customer satisfaction, and profitability that has clearly risen to a new level. We wish Pekka all the best and success in this new chapter of his life,” Stadigh continues.
Metso’s new President and CEO, Sami Takaluoma, states: “I would like to warmly thank the Board of Directors for the opportunity to lead this great company. After having the privilege of working for Metso for 27 years, I can confidently say that I know the company and understand our potential.
"With Metso's long-standing track record and strong foundation in the aggregates and mining markets, we are in an excellent position to achieve industry leadership. I eagerly look forward to embarking on this journey to deliver even greater value to our customers and stakeholders, together with my talented and dedicated colleagues,” he added.
Pekka Vauramo, the current President and CEO: “I would like to thank all my colleagues and the Metso Board for the past six years. We have achieved a great deal, and the company is in a strong position to succeed in the future. I wish Sami and all Metso employees the best of luck and continued success in the years to come.”
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