The board of directors of Metso, a Finland-based equipment manufacturer, has appointed Matti Kähkönen president and CEO of Metso Corp. and Metso Group. He will assume the new position March 1, 2011.
Kähkönen 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 been a member of Metso’s Executive Team since 2001.
In a release announcing the appointment, Kähkönen says, “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.”
Jorma Eloranta, Metso’s current president and CEO, will continue in his position until March 1, 2011.
Metso manufactures equipment that service a host of industries, including recycling, pulp and paper, mining and construction and energy. The company also has locations throughout the world.
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