18/12/2017 07:00:20

President and CEO Nico Delvaux to assume CEO position outside Metso

Related content
09 Oct - 
Metso to publish its Interim Review for January-Septemb..
04 Oct - 
Metso to deliver beneficiation solutions for potash ind..
02 Oct - 
Metso to deliver comminution and material handling solu..

President and CEO Nico Delvaux to assume CEO position outside Metso

Metso Corporation's stock exchange release on December 18, 2017 at 9:00 EEST

Metso's President and CEO Nico Delvaux has decided to resign and assume the position of President and CEO of ASSA ABLOY AB. He will leave his duties in Metso on June 18, 2018, at the latest.

"The Board of Directors is obviously disappointed that Nico has decided to leave Metso. However, the business plans and organizational changes that have been decided during the fall have the Board's full support and everybody in Metso will focus on executing these plans going forward. The Board will initiate a search for a new President and CEO," says Mikael Lilius, Chairman of Metso's Board of Directors.

"I was offered a once-in-a-lifetime opportunity that I could not turn down," says Nico Delvaux. "I have enjoyed my time at Metso and I'm grateful for the Board and all the Metso people for the opportunity to work with them over the past months. Based on my experience, I'm confident that Metso has significant potential to drive profitable growth in line with its strategy."

 

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the Nasdaq Helsinki in Finland, and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 people in more than 50 countries. Expect results. 

metso.com

,

twitter.com/metsogroup

  

Further information, please

contact:

Mikael Lilius, Chairman of the Board of Directors, tel. +358 20 484 3001

  

Metso Corporation

Eeva Sipilä

CFO

Juha Rouhiainen

VP, Investor Relations

Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Metso Corporation via Globenewswire

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Publicis Groupe: Third Quarter 2018 Revenue
2
Nexus Energy Services, Inc. Corporate Update
3
Spectrum ASA: Purchase of Shares
4
Total Voting Rights
5
Mountain America Credit Union Continues Utah Jazz “Pass It Along” Community Program

Related stock quotes

Metso Corporation 28.60 -2.3% Stock price decreasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
19 October 2018 04:11:27
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20181005.3 - EUROWEB1 - 2018-10-19 05:11:27 - 2018-10-19 04:11:27 - 1000 - Website: OKAY