People

People

Metso has appointed Sami Takaluoma the company’s new president and CEO, effective from November 1, 2024. Metso’s outgoing president and CEO, Pekka Vauramo, will continue with the company as per his contract until the end of 2024, to ensure a smooth transition of responsibilities. Sami Takaluoma has been with Metso since 1997 and has led Metso’s Services business area since 2021. He has been a member of Met-so’s Leadership Team since 2017.

Kari Stadigh, chair of Metso’s board of directors, emphasised Takaluoma’s extensive experience with Metso’s businesses and customer industries in their selection. “Sami has done an excellent job in leading the businesses and as a member of the Leadership Team over the past seven years. Under his leadership, Metso’s services and consumables businesses have grown and created significant value, especially after the merger of Metso and Outotec. The board is convinced that Sami is the right choice to lead Metso into its next phase. On behalf of the entire board, I would also like to extend our thanks to Pekka Vauramo, who is now stepping down from his role as president and CEO of Metso as earlier agreed. Under Pekka’s leadership, Metso has evolved into an even stronger company, with a significantly enhanced culture and improved customer satisfaction, and its profitability has been clearly raised to a new level. We wish Pekka all the best and success in his new phase of life,” Stadigh continued.

Sami Takaluoma said: “I would like to warmly thank the board for the opportunity to lead this great company. Having had the privilege of working for Metso for 27 years, I can confidently say that I know the company and understand our potential. With Metso’s long history and strong foundation in the aggregates and mining markets, we are excellently positioned to achieve industry leadership. I eagerly anticipate embarking on this journey to deliver even greater value to our customers and stakeholders, alongside my talented and dedicated colleagues.”

Strathcona Resources Ltd has announced the retirement of Rob Morgan as President and CEO, effective October 31, 2024. “On behalf of the board of directors, I would like to sincerely thank Rob for his leadership at Strathcona,” commented Adam Waterous, Strathcona’s executive chairman, adding, “Over the past seven years, Rob has overseen Strathcona’s transformation from a junior oil company with approximately 17,000 barrels per day of production, 130 million barrels of proved plus probable reserves and fewer than 200 employees, into Canada’s fifth largest oil producer, growing production approximately 11-fold, reserves 20-fold, and our employee base 4-fold. Rob has been a first-class partner to Waterous Energy Fund from the beginning, and we wish Rob all the best in his future.”

Rob Morgan added, “It has been an honour to help lead Strathcona through a period of unprecedented growth, and I would like to thank Strathcona’s Board of Directors, shareholders and employees for their faith and support the past seven years. I am excited to hand the reigns to Strathcona’s next generation of leaders, who I am confident will take the company to new heights.”

Going forward, Strathcona’s leadership structure will transition from a single, functionally organized executive team working across Strathcona’s entire asset base, to four focused business units – SCR Cold Lake, SCR Lloydminster Thermal, SCR Lloydminster Conventional, and SCR Montney – each with their own president and accompanying management team.

Neste has appointed a new leadership team as of today, including: Heikki Malinen, who in addition to his president and CEO role, takes the lead of Neste’s Renewable Products business area. Markku Korvenranta continues in the leadership team and has been appointed executive vice president, Oil Products, and Chief Operating Officer (COO) of the company. Eeva Sipilä has been appointed Chief Financial Officer (CFO) and she will start at Neste no later than 1 May 2025. Until then Anssi Tammilehto, Vice President, Investor Relations, will act as interim CFO. Hannele Jakosuo-Jansson continues in the Leadership Team as Executive Vice President, People & Culture.