President and CEO
Our President and CEO, Matti Kähkönen, is responsible for the management of Metso’s businesses in accordance with the Finnish Companies Act, corporate governance rules and the instructions given by the Board. The CEO is appointed – and, if necessary, dismissed – by the Board and he reports to the Board about e.g. Metso’s financial situation, business environment and other significant issues. The CEO prepares the matters on the agenda of the Board and its committees and implements their decisions. The CEO guides and supervises the operations of Metso and its businesses. Additionally, the CEO acts as Chairman of the Metso Executive Team.
Metso Executive Team
The CEO and other members appointed by the Board constitute the Metso Executive Team (MET). The MET assists the CEO in the preparation of matters, such as business plans, strategy, policies and other matters of joint importance.
Following the demerger, Metso will have two reporting segments: Mining and Construction and Automation. Valmet Automotive and the Group Head Office will be reported separately.
The Presidents of the reporting segments report to Metso CEO and provide him with information about the financial and operational performance and development of the operating environment of their respective businesses. They are also responsible for the development of the business line operations and strategy, for implementing Metso’s plans, strategies and operating policies within the business lines, and for collaboration between the business lines.
The heads of Metso’s business lines are responsible for the profitability and the daily management of their business lines, and they report to the Presidents of the respective segments.
The subsidiary boards ensure that operations in all Metso companies are managed in accordance with prevailing laws, regulations and operating policies. Metso’s CEO, as Chairman, and two to four other members appointed by the CEO, generally from Metso executives, constitute the boards of the major subsidiaries. The CEO decides on the possible additional responsibilities of the boards of holding and other similar companies belonging to the Metso Group.