Change in Valmet's Executive Team

Change in Valmet's Executive Team

ID: 433022

(Thomson Reuters ONE) -


Valmet Corporation's stock exchange release on November 9, 2015 at 2:00 p.m. EET

Mr. Kari Saarinen (MSc., age 54) has been appointed Chief Financial Officer
(CFO) at Valmet as of November 15, 2015.

Kari Saarinen is currently working at Valmet as Senior Vice President, Strategy
and Operational Development. In his new CFO position he continues as the member
of Valmet's Executive Team and reports to the President and CEO Pasi Laine.

Mr. Markku Honkasalo, the current CFO of Valmet, has been instrumental to
Valmet's creation phase which started in 2013. Since this stage is now
completed, Markku Honkasalo has decided to leave Valmet at the end of November,
after a thorough handover phase to his successor.

"I thank Markku for his contribution to Valmet during a very interesting and
demanding time. Markku has been a great support in these first years as an
independent, stock listed company", says Valmet's President and CEO Pasi Laine.

"Kari Saarinen has a strong background in finance and business controlling in
large, international organizations in addition to his expertise in the field of
strategy and operational development. Through his four years at Valmet Kari
knows the company well and is the perfect person to take over the CFO position
from the good foundation built by Markku," continues Pasi Laine.

Kari Saarinen's CV

Kari Saarinen
born 1961
MSc. (Accounting and Finance)
CFO starting from November 15, 2015
Finnish citizen

Kari Saarinen leads currently Valmet's Strategy and Operational Development.

Relevant previous experience

2011-2013 Metso, Senior Vice President of Finance of Metso Pulp, Paper and Power
1997-2011 Nokia Siemens Networks Oy and Nokia Networks Oy, Area CFO of Middle
East and Africa Region, Area CFO of Greater China Region, Director of Business




Control and Finance and Director of Business Control
1989-1997 Marimekko Oy, multiple positions, including the General Manager and
CFO, and Controller


Further information, please contact:
Pasi Laine, President and Chief Executive Officer, Valmet, tel. +358 10 672 0001


VALMET

Pasi Laine

PRESIDENT AND CEO


Valmet is the leading global developer and supplier of technologies, automation
and services for the pulp, paper and energy industries. Valmet's vision is to
become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. The strong technology offering includes pulp
mills, tissue, board and paper production lines, as well as power plants for
bio-energy production. Valmet's advanced automation solutions range from single
measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000
professionals around the world work close to our customers and are committed to
moving our customers' performance forward - every day. Valmet's head office is
in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com, www.twitter.com/valmetglobal

Follow Valmet IR in Twitter www.twitter.com/valmetir


Kari Saarinen:
http://hugin.info/149898/R/1965356/717578.jpg



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Valmet via GlobeNewswire
[HUG#1965356]




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Bereitgestellt von Benutzer: hugin
Datum: 09.11.2015 - 13:00 Uhr
Sprache: Deutsch
News-ID 433022
Anzahl Zeichen: 4184

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