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Matti Kahkonen to be new President & CEO of Metso

on Aug 26, 2010


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The Board of Directors of Metso has appointed Matti Kahkonen, M.Sc. in Engineering, as the new President and Chief Executive Officer of Metso Corporation and Metso Group. Mr Kahkonen will start in his new position on March 1, 2011. Matti Kahkonen (b 1956) 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.
Chairman of the Board of Directors of Metso, Jukka Viinanen: "Matti Kahkonen 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 Kahkonen said, "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."
Metso's current President and CEO Jorma Eloranta will continue in his position until March 1, 2011.

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