Metso Corporation Appoint New President and CEO

SOURCE: Metso | October 31, 2024

Metso’s board of directors has appointed Sami Takaluoma as the company’s new president and chief executive officer. He will assume his duties on 1 November 2024, succeeding Metso’s current president and CEO, Pekka Vauramo, who will continue with the company until the end of 2024 to ensure a smooth transition of responsibilities.

Sami Takaluoma has been with Metso since 1997 and has led Metso’s services business area since 2021. He has been a member of Metso’s leadership team since 2017.

Kari Stadigh, chair of Metso’s board of directors, emphasized MrTakaluoma’s extensive experience with Metso’s businesses and customer industries in the board’s selection. ‘Sami has done an excellent job in leading the businesses 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 after the merger of Metso and Outotec. The board is convinced that Sami is the right choice to lead Metso into its next phase,’ said Mr Stadigh.

‘On behalf of the entire board, I would also like to extend our thanks to Pekka Vauramo, who is now stepping down from his role as president and CEO of Metso as earlier agreed. Under Pekka’s leadership, Metso have evolved into an even stronger company, with a significantly enhanced culture and improved customer satisfaction, and its profitability has been clearly raised to a new level. We wish Pekka all the best and success in his new phase of life,’ Mr Stadigh continued.

Metso’s new president and CEO, Sami Takaluoma, said: ‘I would like to warmly thank the board for the opportunity to lead this great company. Having had 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 history and strong foundation in the aggregates and mining markets, we are excellently positioned to achieve industry leadership. I eagerly anticipate embarking on this journey to deliver even greater value to our customers and stakeholders, alongside my talented and dedicated colleagues.’

Current president and CEO Pekka Vauramo said: ‘I want to thank all my colleagues and Metso’s board for the past six years. We have achieved a lot, and the company is in a strong position to succeed in the future. I wish Sami and all Metsonites best of luck and continued success for the years ahead.’

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