President and CEO
The President and CEO’s main task is to lead the daily operations of Metso with assistance of the Metso Executive Team (MET) to secure the company’s success. The President and 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 President and CEO prepares the matters on the agenda of the Board and its committees and implements their decisions. Additionally, the President and CEO acts as the Chair of Metso Executive Team (MET).
On May 21, it was announced that Metso's Board of Directors has appointed Pekka Vauramo as new President and CEO of Metso.He assumes his duties on November 1, 2018. Eeva Sipilä, CFO, has served as Metso's interim President and CEO since February 3, 2018 and will continue in the role until Pekka Vauramo joins the company.
Metso Executive Team (MET)
The President and CEO and other members appointed by the Board on the President and CEO’s proposal constitute the Metso Executive Team. The MET assists the President and CEO in the preparation of matters, such as business plans, strategy, policies and other matters of joint importance.
The MET assists the President and CEO in the preparation of business matters, such as business plans, strategy, policies and other matters of joint importance. The MET members report directly to the President and CEO and their main task is to lead the daily operations of their respected businesses or corporate functions. The Business Area heads are responsible for the strategy, financial development and position, operational performance, operating environment development, customers and competitive situation of their respective business areas. They are also responsible for implementing group initiatives and policies and guidelines within the business areas, and for collaboration across business areas.
On August 22, 2018 it was announced that SVP, HR of Metso, Merja Kamppari will leave Metso at the end of January 2019. Recruitment of a successor will be headed by Metso's new President and CEO, Pekka Vauramo, once he has joined the company.