Stock Exchange release February 4, 2004 02:36:18 PM CET

Jorma Eloranta appointed in Metso's Executive Board and Business Area boards

 

Jorma Eloranta appointed in Metso's Executive Board and Business Area boards
Metso Corporation's Board of Directors has today appointed Jorma Eloranta, Metso's new President and CEO, the Chairman of Metso's Executive Board as of March 1, 2004. In addition, he was appointed as Chairman of Metso's Business Area Boards in Metso Paper, Metso Minerals, Metso Automation and Metso Ventures.
Metso's Executive Vice President and CFO Olli Vaartimo was appointed Vice Chairman of Metso's Executive Board and Business Area Boards from the beginning of March 2004.
 
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket services. The Corporation's core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2003, the net sales of Metso Corporation were EUR 4.3 billion and the personnel totaled approximately 27,400. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.