Changes to Metso's executive team
Metso Corporation's stock exchange release on July 23, 2015 at 12:15 p.m. local time
Two new appointments have been made to Metso's Executive Team. Perttu Louhiluoto has been appointed President, Services, and John Quinlivan has been appointed President, Flow Control. Both appointments will take effect immediately.
Perttu Louhiluoto (b. 1964) has been President of Metso's Flow Control business area and its preceding Automation segment since 2012. He has been with Metso since 2008. In his new position, Louhiluoto will be responsible for the Services business area, which offers Metso's customers in the mining and aggregates sectors comprehensive services ranging from spare and wear parts to process optimization solutions. Louhiluoto will work at Metso's Head Office in Helsinki, Finland.
"Perttu Louhiluoto has done a good job and has achieved good results in recent years in Automation and Flow Control, which has steadily grown and improved its profitability. In his new role he will ensure that the Services business continues make the big difference to its customers by offering the best solutions in the market. Moreover, for Metso it is of utmost importance that Services grows and further improves its profitability in the years ahead," says Metso's President and CEO Matti Kähkönen.
John Quinlivan (b. 1961) has held several management positions within Metso's Automation and Flow Control, since 1989. Quinlivan works in Shrewsbury, Massachusetts, in the United States.
"Flow Control is an important growth business for Metso, and its role in the success of the entire company has significantly grown in recent years. John Quinlivan is a result-oriented professional with long experience with our valve business and its markets, and I believe this will support his success in his new role. We warmly welcome John to Metso's Executive Team," Kähkönen notes.
With these appointments, Metso's Executive Team consists of Matti Kähkönen, President and CEO (Chairman of the Executive Team); Harri Nikunen, CFO and Deputy to the CEO; João Ney Colagrossi, President, Minerals; Perttu Louhiluoto, President, Services; John Quinlivan, President, Flow Control; Merja Kamppari, Senior Vice President, Human Resources; and Simo Sääskilahti, Senior Vice President, Strategy and Business Development.
Juha Silvennoinen, the current President of Services, will leave Metso. "I want to thank Juha Silvennoinen for his contribution in Metso's development. We wish him the best of success in the future," Kähkönen notes.
Photos and CVs of Perttu Louhiluoto and John Quinlivan are included with this press release.
Metso is the world's leading industrial company in the mining and aggregates industries and in the flow control business. Our knowledge, people and solutions help drive sustainable improvements in performance and profitability in our customers' businesses.
Metso has an uncompromising attitude towards safety. Our products range from mining and construction equipment and systems to industrial valves and controls. Our solutions are delivered and supported by decades of process knowledge and a broad scope of services backed by a global footprint of over 90 service centers, thousands of service employees, and an extensive logistics network.
Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales totaled EUR 3.7 billion. Metso employs approximately 14,000 industry experts in more than 50 countries. Expect results.
For further information, please contact:
Matti Kähkönen, President and CEO, Metso Corporation, tel. +358 20 484 3000
VP, Investor Relations
NASDAQ OMX Helsinki Ltd