Edition:
United States

Outokumpu Oyj (OUT1V.HE)

OUT1V.HE on Helsinki Stock Exchange

4.65EUR
11:29am EDT
Change (% chg)

€0.00 (+0.04%)
Prev Close
€4.65
Open
€4.65
Day's High
€4.80
Day's Low
€4.62
Volume
4,056,890
Avg. Vol
3,920,288
52-wk High
€4.87
52-wk Low
€1.98

Summary

Name Age Since Current Position

Jorma Ollila

65 2013 Independent Chairman of the Board

Roeland Baan

59 2016 Chairman of the Management Board, President, Chief Executive Officer, Head of Business Area Europe

Olli Vaartimo

66 2011 Independent Vice Chairman of the Board

Reinhard Florey

51 2016 Chief Financial Officer, Member of the Leadership Team

Pekka Erkkila

58 2013 Executive Vice President, Chief Technology Officer, Member of the Leadership Team

Jan Hofmann

37 2016 Head of Business Transformation & Information Technology, Member of the Leadership Team

Johann Steiner

50 2016 Head of Human Resources & Organizational Development, Member of the Leadership Team

Saara Tahvanainen

42 2016 Head of Communications & Investor Relations, Member of the Leadership Team

Liam Bates

45 2016 Head of Supply Chain Europe, Member of the Leadership Team

Olli-Matti Saksi

49 2016 Head of Sales Europe, Member of the Leadership Team

Kari Tuutti

46 2014 President, Long Products; Member of the Leadership Team

Michael Williams

56 2016 Head of the Americas Business Area, Member of the Leadership Team

Kati ter Horst

48 2016 Director

Markus Akermann

69 2013 Independent Director

Roberto Gualdoni

60 2014 Independent Director

Stig Gustavson

71 2014 Independent Director

Heikki Malinen

54 2012 Independent Director

Saila Miettinen-Lahde

54 2015 Independent Director

Elisabeth Nilsson

63 2011 Independent Director

Johanna Henttonen

2013 Senior Vice President – Investor Relations

Biographies

Name Description

Jorma Ollila

Mr. Jorma Ollila has served as Independent Chairman of the Board of Directors of Outokumpu Oyj since March 18, 2013. He also chairs the Company’s Remuneration Committee and is Member of the Company's Nomination Committee. Previously, he was Chairman of the Board of Nokia Corporation between 2006 and 2012, Chairman and Chief Executive Officer (CEO) of Nokia Corporation between 1999 and 2006, President and CEO of Nokia Corporation between 1992 and 1999, as well as President of Nokia Mobile Phones between 1990 and 1992, Senior Vice President of Finance at Nokia between 1986 and 1989 and held various managerial positions within corporate banking at Citibank from 1978 until 1985. He was Chairman of the Board of Royal Dutch Shell Plc between 2006 and 2015. He has been Chairman of the Board of Miltton Oy since 2015, Vice Chairman of the Board of Otava Ltd since 1996, Member of the Board of Tetra Laval Group since 2013, Board Member of University of Helsinki since 2009, Chairman of the Boards of and the Supervisory Boards of The Research Institute of the Finnish Economy ETLA and Finnish Business and Policy Forum EVA since 2005, and Advisory Partner at Perella Weinberg Partners since 2014. Mr. Ollila holds a Master of Science degree in Political Science from Helsingin yliopisto (1976), Master of Science degree in Economics from London Schoool of Economics (1978) and Master of Science degree in Engineering from Teknillinen Korkeakoulu (1981).

Roeland Baan

Mr. Roeland Baan has been appointed Chairman of the Management Board, President, Chief Executive Officer and Head of Business Area Europe of Outokumpu Oyj effective as of June 1, 2016. He has served as President, Chief Executive Officer and Chairman of the Leadership Team at the Company since January 1, 2016. He was Executive Vice President and CEO of Aleris Europe and Asia 2013–2015, Executive Vice President and CEO, Global Rolled and Extruded Products of Aleris 2011–2013, Executive Vice President and CEO, Europe and Asia of Aleris 2008–2011, Executive Vice President and member of the Management Committee, Global Pipes and Tubes Division and the South African carbon steel operations of Arcelor Mittal Group 2006–2007, Chief Executive Officer of Mittal Steel Europe 2004–2006, Senior Vice President, Operations of SHV Energy BV 2001–2004, among others. He is Board member of Borusan Mannesmann Boru Sanayi ve Ticaret A.S. since 2012, member of the Audit Committee since 2012, Chairman of the Corporate Governance Committee since 2013 and member of the Risk Committee since 2013, Board member of Eurofer ( from 2004 until 2005) and since 2015, Board member of International Stainless Steel Forum since 2016 and he was Vice Chairman of European Aluminium Association 2014–2015. He holds Master of Science degree in Economics.

Olli Vaartimo

Mr. Olli Vaartimo has served as Independent Vice Chairman of the Board of Directors of Outokumpu Oyj since March 24, 2011. He has been Independent Member of the Company's Board since 2010. He is also Chairman of the Company's Audit Committee. He was Chief Financial Officer of Metso Oyj from 2003 to 2010. He also served as Executive Vice President, Deputy to the President and Chief Executive Officer of Metso (2003-2010), and as acting President and Chief Executive Officer of the company(2003-2004). He was Member of the Executive Team (1999–2010) and Vice Chairman of the Executive Team (2004–2010) of Metso Oyj. Earlier in his career, he was President and Chief Executive Officer of Metso Minerals Oy (1999–2003) and of Nordberg Group, Rauma Oyj (1993–1999) as well as Executive Vice President of Rauma Oyj (1991–1998). Since 2008, Mr. Vaartimo has served as Member of the Board of Directors of Kuusakoski Oy and has been Member of the Board of Kuusakoski Group Oy since 2008. He is also Member of the Board of Valmet Automotive Oy since 2014. He was Chairman of the Board of Valmet Automotive Oy from 2003 until 2014, Board Member of Alteams Oy from 2008 until 2014 and Northland Resources SA from 2013 until 2014. He holds a Master of Science degree in Economics.

Reinhard Florey

Mr. Reinhard Florey no longer serves as Chief Financial Officer and Member of the Leadership Team of Outokumpu Oyj effective as of August 1, 2016. He held this position from November 1, 2013. He was Acting Chief Executive Officer of the Company for the period from October 26, 2015 until January 1, 2016. Before that, he has been Executive Vice President – Integration and Strategy and Member of the Leadership Team of the Company since 2012. In his career, he was Member of the Executive Board and Chief Financial Officer (CFO) at Inoxum GmbH and ThyssenKrupp Nirosta GmbH from 2011 to 2012. He was Executive Member of the Board of Directors at Acciai Speciali Terni S.p.A. from 2011 until 2014. He has been Member of the Board of Directors at Shanghai Krupp Stainless Co. Ltd. since 2011. He was Member of the Executive Board and CFO at ThyssenKrupp Steel Americas, LLC (USA) from 2010 until 2011 and Membro Efetivo do Conselho Deliberativo da Sociedade at ThyssenKrupp Companhia Siderurgica do Atlantico (Brasil) from 2010 to 2011. In addition, he was Member of the Executive Board at Business Area Steel Americas of the ThyssenKrupp AG (2009-2011), Member of Board of Managers at ThyssenKrupp Steel and Stainless USA, LLC (USA) 2009, and Head of Corporate Center Mergers and Acquisitions at ThyssenKrupp AG (Germany) (2005-2009). He also served as Senior Vice President – Corporate Development/M&A at ThyssenKrupp Steel AG from 2002 until 2005 and held various positions at McKinsey & Company from 1995 until 2002. He holds Master of Science degree in Engineering and Master of Arts in Cultural Studies.

Pekka Erkkila

Mr. Pekka Erkkila has been appointed Executive Vice President, Chief Technology Officer and Member of the Leadership Team at Outokumpu Oyj, effective as of September 1, 2013. He previously served as Executive Vice President - General Stainless and Production Operations of the Company from 2004 until April 2010. He served at Outokumpu from 1983 until 2000 and from 2004 until 2010. He has over 30 years of experience in stainless steel and mining industries. He returned to the Company from Outotec, where he has been President of Ferrous Solutions business area from 2010 until 2013. He was Executive Vice President, later President of AvestaPolarit Oyj from 2001 until 2004, President of Outokumpu Chrome Oy from 1996 until 2000 and held various management positions at Outokumpu Tornio Works from 1983 until 1995. He was Chairman of the Board of Manga LNG Oy from 2013 until 2015. He has been Board Member of Viomaosakeyhtio SF since 2014, Association of Finnish Steel and Metal Producers since 2016, Board member of Metallurgiska Forskningsbolaget i Lulea AB (Swerea MEFOS) since 2015. He was Member of the Board of University of Oulu from 2009 until 2015 and Grangesberg Iron AB from 2009 until 2014. He holds a Master of Science degree in Engineering.

Jan Hofmann

Mr. Jan Hofmann has been appointed Head of Business Transformation & Information Technology, Member of the Leadership Team at Outokumpu Oyj effective as of June 1, 2016. He has previously been President of APAC and Member of the Leadership Team at Outokumpu Oyj since April 29, 2015. He has been Interim Head of APAC within Outokumpu Oyj, effective as of April 1, 2015. He has served as head of strategy and finance for APAC at the Company. He was Senior Vice President – Group Strategy and Business Excellence of Outokumpu Oyj 2012–2014, Vice President – Business Development of Inoxum GmbH 2011–2012, Head of Business Development of ThyssenKrupp Stainless AG 2009–2011 and he held various positions at ThyssenKrupp between 2005 and 2009. He also was Member of the Board of Outokumpu Nirosta GmbH 2012–2014 Board and ThyssenKrupp VDM GmbH 2011–2012. He is Board member of Shanghai Krupp Stainless Co., Ltd. since 2015. He holds Master of Science degree in Economics.

Johann Steiner

Mr. Johann Steiner has been appointed Head of Human Resources & Organizational Development and Member of the Leadership Team at Outokumpu Oyj effective as of June 1, 2016. He has previously been Executive Vice President - Human Resources, Information Technology, Health and Safety, Member of the Leadership Team of Outokumpu Oyj since 2013. Earlier in 2013, on February 19, 2013, he was appointed Executive Vice President - Human Resources and Health, Safety and Sustainability and Member of the Leadership Team of the Company. In his career, he was Group HR Director at SAG Group GmbH 2012 and Clariant International AG from 2002 to 2008, Operating Partner at Humatica AG from 2010 to 2012, VP Executive Policies at EADS (former DaimlerChrysler Aerospace AG) from 1999 to 2002, as well as Senior Consultant at Towers Perrin from 1993 to 1998. He holds Master of Science in Economics degree from Universitaet Passau.

Saara Tahvanainen

Ms. Saara Tahvanainen has been appointed Head of Communications & Investor Relations, Member of the Leadership Team at Outokumpu Oyj effective as of June 1, 2016. She has previously served as Executive Vice President, Communications and Marketing, Member of the Leadership Team at Outokumpu Oyj since September 1, 2014. She holds Master of Social Sciences degree in Communications. She was previously Vice President – Communications of Outokumpu Oyj 2013-2014, Director – External Communications of Outokumpu Oyj 2012, Senior Communications Manager of Nokia 2007-2012, Communications Manager of Nokia 2006-2007, Communications Manager of Fazer 2004-2006, Project Manager, change and leadership communications of Ericsson 2001-2004 and Communications Officer of Ericsson 2000-2001.

Liam Bates

Mr. Liam Bates has been appointed Head of Supply Chain Europe, Member of the Leadership Team at Outokumpu Oyj effective as of June 1, 2016. He has previously been President and Head of Business Area Quarto Plate and Member of the Leadership Team at Outokumpu Oyj since November 5, 2015. He has been employed by the Outokumpu Group since 1993. He was Senior Vice President – Quarto Plate Europe of Outokumpu Stainless AB 2014–2015, Vice President – Mergers & Acquisitions of Outokumpu Oyj 2012–2014, Vice President – Business development of Outokumpu Oyj 2011–2012, Head of Pricing Office of Outokumpu Oyj 2009–2011, Head of Architecture, Building & Construction cluster of Outokumpu Oyj 2008–2009 and Head of Degerfors Stainless, Long Products of Outokumpu Stainless AB 2002–2005.

Olli-Matti Saksi

Mr. Olli-Matti Saksi has been appointed Head of Sales Europe, Member of the Leadership Team at Outokumpu Oyj effective as of June 1, 2016. He has previously been President - Coil EMEA and Member of the Leadership Team of Outokumpu Oyj, effective as of July 1, 2014. He has been employed by the Group since 2013, previously as Senior Vice President Head of Sales EMEA (2013-2014). He also served as Senior Vice President and General Manager, Division Rolled Products at Aleris (2011-2013), Vice President Sales and Marketing at Aleris (2008-2011) and at ArcelorMittal (2004-2008), as well as Vice President Sales at Rautaruukki (2000-2004). From 1998 until 2000, he was with Business Development and Corporate Planning at Fundia and held various positions at Rautaruukki from 1991 until 1998. He holds Master of Science degree in Engineering.

Kari Tuutti

Mr. Kari Tuutti has been appointed President, Long Products at Outokumpu Oyj, effective as of September 1, 2014. He has been Member of the Leadership Team of the Company since 2012. He was Executive Vice President – Marketing, Communications and Sustainability at the Company from 2013 until September 1, 2014. He no longer serves as Executive Vice President – Marketing, Communications and Investor Relations of the Company, a position he has held since 2012, effective as of 2013. He joined the Company in 2011 as SVP for Marketing, Communications and IR. Prior to this, he served at Nokia Oyj as Director, Marketing Creation ( 2009–2011), Vice President, Communications (2008), Director, Communications, Multimedia Business Group (2002–2007), Senior Manager, Investor Relations (1999–2002), Manager, Treasury (Finland and Geneva) from 1995 to 1999. He was also Analyst, Treasury at Merita Bank from 1994 to 1995. He was Chairman of the Board of Fagersta Stainless AB from 2014 until 2015 and Euro Inox from 2013 until 2015. He is Member of the Board of Fagersta Stainless AB since 2015. He holds Master of Science degree in Economics.

Michael Williams

Mr. Michael (Mike) S. Williams has been appointed Head of the Americas Business Area, Member of the Leadership Team at Outokumpu Oyj effective as of June 1, 2016. He has been President and Head of Business Area Coil Americas, Member of the Leadership Team at the Company since July 1, 2015. Williams has over two decades of experience in the metals industry, including sixteen years at US Steel where he held a number of senior leadership positions, as well as the position of the CEO in Ormet Corporation, an aluminum company. He was Senior Vice President, Strategic Planning & Business Development of United States Steel Corporation 2013–2015, Senior Vice President, North American Flat-Roll Operations of United States Steel Corporation 2009–2013, Vice President, Midwest Flat-Roll Operations of United States Steel Corporation 2008–2009, General Manager, Gary Works Complex of United States Steel Corporation 2006–2008, Vice President, Commercial Products of Special Metals Corporation 2006, Chairman & Chief Executive Officer of Ormet Corporation 2004–2006, President & Chief Operating Officer of Ormet Corporation 2002–2004, among others. He holds Bachelor of Science degree in Information science.

Kati ter Horst

Markus Akermann

Mr. Markus Akermann has served as Independent Member of the Board of Directors of Outokumpu Oyj since March 18, 2013. He is also Member of the Company Audit Committee. He has also been Member of the Board of Votorantim Cimenos S.A. since 2013. Previously, he served as Chief Executive Officer of Holcim Group (2002-2012), Chairman of the Board of Holcim Group Support Ltd (2002-2012), Member of the Board of Holcim Ltd (2002-203), Member of the Group Executive Committee with responsibility for Latin America, international trading activities and Corporate Human Resources and Training at Holcim Group (1993-2001), Member of the Board and Managing Director of Holcim Apasco SA de CV, Mexico (1993-2012), Area Manager Central America, Andean Countries and international trading activities at Holcim Group (1986-1993), Member of the Board at ACC Mumbai, India (2005-2012), Member of the Board of Ambuja Cements Ltd Mumbai, India (2006-2012) and Member of the Executive Board at World Business Council for Sustainable Development (WBCSD) (2008-2011). He holds a Master's degree in Economics from Universitaet St. Gallen.

Roberto Gualdoni

Mr. Roberto Gualdoni has been Independent Director of Outokumpu Oyj since April 14, 2014. He is also Member of the Audit Committee of the Company. He holds a Master of Business Administration degree and Master of Science degree in Engineering. He previously served as Chief Executive Officer of Styrolution Group 2011-2014, President, Styrenics of BASF SE 2010-2011, Senior Vice President, Global Procurement Raw Materials of BASF SE 2007-2010, Senior Vice President, Global Procurement Basic Products of BASF SE 2006-2007, Group Vice President, Business Unit Engineering Plastics Europe of BASF SE 2001-2005, Group Vice President, Business Unit Foam Products Europe of BASF SE 1998-2001, Chief Controller, Regional Division Central Europe of BASF SE 1996-1998, Controlling, Sales Division Germany of BASF SE 1994-1996, European Market Coordinator – Specialty Chemicals of BASF SE 1991-1994, Market Coordinator North Europe/Germany – Specialty Chemicals of BASF SE 1991, Product manager, Superabsorbers and Dispersing Agents of BASF SE 1990–1991, Marketing Manager, Textile, Leather, Paper and Specialty Chemicals of BASF Argentina S.A. 1988-1989, Assistant to the General Manager of BASF Argentina S.A. 1987-1989, Commercial Coordinator of Tenaris 1983-1986. He was also Chairman of the Supervisory Board at Styrolution Europe and Styrolution Americas 2012-2014, Chairman of the Board of BGS, Schwarzheide 2001-2005, Member of the Steering Board of PlasticsEurope, Brussels/Belgium 2012-2014, Board member of FIW, Munich 1998-2001, Board member of BASF Intertrade AG, Zug/Switzerland 2006-2007, Vice President of EXIBA, Brussels 1998-2001.

Stig Gustavson

Mr. Stig Gustavson has been Independent Director of Outokumpu Oyj since April 14, 2014. He is Member of the Remuneration Committee. He holds a Master of Science degree in Engineering and honorary Doctorate in Technology from Tampere University of Technology and Aalto University Helsinki. He was President and CEO of Konecranes Plc 1994–2005, President of KONE Oy/KONE Cranes 1988–1994, President of KONE Oy/KONE Wood 1985–1988, Director of KONE Oy/KONE Roxon, 1982–1985. He also held various executive positions within leading Finnish and Swedish companies between 1970 and1982. He holds Board Memberships and Chairmanships in over 20 major Finnish and Scandinavian companies and over 10 Finnish, Scandinavian and European organizations, trusts and charities. He was Chairman of the Board Ahlstrom Capital OY (2011-2015), He is Chairman of the Board of Konecranes Plc since 2005, Chairman of the Board of Suomi Gas Distribution Oy since 2015, Vice Chairman of the Supervisory Board of Tampere Technical University since 2013, Supervisory Board Member of Varma Mutual Pension Insurance Company since 2000, Senior Advisor of IK Investment Partners since 1997, Board Member of IK Investment Partners Funds since 2014, Vice Chairman of the Board of Ahlstrom Capital Oy since 2015. He has been past Chairman of the Board and Executive Committee 2007–2015 and present Chairman of the Finance Committee of Technology Academy (Finland) since 2015 and Past Chairman 2002–2007 and present Vice Chairman of the Board of Mercantile Oy Ab since 2007.

Heikki Malinen

Mr. Heikki Malinen has been Independent Member of the Board of Directors of Outokumpu Oyj since March 14, 2012. He has also been Member of the Remuneration Committee. He is President and Chief Executive Officer (CEO) of Posti Group Corporation (formerly Itella Corporation), and has been holding the position since 2012. Prior to this, he served as President and CEO at Poyry PLC from 2008 to 2012 and Executive Vice President, Strategy, member of the UPM Executive Team at UPM-Kymmene Corporation, Helsinki, Finland from 2006 to 2008. In his career, he served as President at UPM North America, Chicago, USA (2004–2005), President of Sales at UPM North America, (2002–2003), Managing Partner at Jaakko Poyry Consulting, (2000–2001), Engagement Manager atMcKinsey & Co, Atlanta, USA (1997–1999) and Director, Business Development UPM Paper Divisions, Helsinki, Finland (1994–1996). He was Chairman at American Chamber of Commerce (AmCham Finland) from 2009 until 2014. He has been Board Member of Service Sector Employers PALTA since 2013, Ilmarinen Mutual Pension Insurance Company since 2014 and Board Member of East Office of Finnish Industries since 2012 and Supervisory Board Member of Finnish Fair Corporation since 2014. He was Board member at The Federation of Finnish Technology Industries from 2011 until 2012. He was Board member at Botnia Oy between 2006 and 2008 and Supervisory Board Member at Ilmarinen Mutual Pension Insurance Company (2013). He holds Master of Science degree in Economics and has a Master of Business Administration degree from Harvard University.

Saila Miettinen-Lahde

Ms. Saila Miettinen-Lahde has been Independent Member of the Board of Directors of Outokumpu Oyj since March 26, 2015. She is also Member of the Company Audit Committee. She is Chief Financial Officer of F-Secure Corporation since 2015. She was Deputy CEO (2012–2014) and CFO (2005–2015) of Talvivaara Mining Company Plc, Founding Partner of SIDOS Partners Oy 2004–2005, Director of Carnegie Investment Bank 2000–2004, Vice President Business Development of Orion Oyj 2000, Director of The Finnish Innovation Fund Sitra 1998–1999 and she held various managerial positions in Leiras Oy 1993–1998. She was also Member of the Board of Rautaruukki Oyj 2012–2014, Biohit Oyj 2011–2013 and Talvivaara Mining Company Plc 2007–2012, as well as Chairman of the Board of Valuecode Oy 2014–2015 and Member of the Board 2008–2014. She is Member of the Board of LeaseGreen Group Oy since 2015. She holds Master of Science degree in Engineering.

Elisabeth Nilsson

Ms. Elisabeth Nilsson has served as Independent Member of the Board of Directors of Outokumpu Oyj since March 24, 2011. She also serves as Member of the Remuneration Committee of the Company. She has been Governor of Ostergotlands county since 2010. She previously was President of Jernkontoret (Swedish Steel Producers Association) (2005–2010), General Manager, Metallurgy Division of SSAB Oxelosund (2003–2005), Managing Director of SSAB Merox (2001–2003) and Manager, Department for Environment, Health and Safety of SSAB (1996–2001), as well as Manager, Continuous Casting Department at SSAB Oxelosund (1991-1996). She has been Chairman of the Board of Gota Kanalbolaget since 2011, Risbergska donationsfonden since 2010, Takernfonden since 2010 and Ovralidsstiftelsen since 2010. She has also been Member of Skandia Council since 2014 and Member of the board of Boliden since 2015. Previously, she was Chairman of the Board of Foundation Mefos (2005–2010) and Svenska Bergsmannaforeningen (2007–2009) and Member of the Board of 4:e AP-fonden (2010–2011), Swerea AB (2008–2011), and Euromaint AB (2004–2007), among others. She has been Member of Royal Swedish Academy of Engineering Science IVA since 2007. She holds a Master of Science degree in Technology.

Johanna Henttonen

Ms. Johanna Henttonen has been appointed as Senior Vice President – Investor Relations at Outokumpu Oyj, effective as of September 10, 2013. She holds a Master of Arts degree from University of Jyvaskyla (Jyvaskylan yliopisto), Finland. She previously headed investor relations at ABB Group and was based in Zurich, Switzerland. Prior to ABB she was heading investor relations at Metso Group and Outokumpu.