Outotec’s President and CEO Tapani Järvinen to retire at the end of 2009

The President and CEO of Outotec Oyj, Tapani Järvinen has decided to retire at the end of 2009. He has been President and CEO of Outotec since the listing of the company in October 2006 and, prior to the listing, President of Outokumpu Technology since 2003. Järvinen will be 63 years of age in December this year. The Board of Directors of Outotec has already started a process to appoint a new President and CEO for the company.

Järvinen comments: “The period of six years as President and CEO of Outotec has been extremely rewarding. With co-operative and knowledgeable staff I have had the opportunity to work for the listing of the company as well as for its strong growth and excellent success in utilising the raw material boom. Outotec’s financial structure is currently stronger than ever before, and I believe that the company is well prepared even for the most challenging market conditions.”  

The Chairman of the Board of Directors, Risto Virrankoski said: “Tapani Järvinen’s key achievements as President and CEO include the development and strengthening of Outotec’s structure and business model so that the company has been able to fully utilise the good market sentiment in the past few years. It has achieved strong growth and profitability. Tapani has been a humane leader and truly believed that employees are the most valuable asset for the company. Outotec has motivated and skilful personnel and management, which will help the new CEO to continue the development. On behalf of Outotec’s Board of Directors I wish to thank Tapani Järvinen for his very successful presidency.”