Changes in Outotec's Executive Board

OUTOTEC OYJ  STOCK EXCHANGE RELEASE   JANUARY 10, 2014  at 11:00 AM

Changes in Outotec's Executive Board

Mr Kimmo Kontola, currently Executive Vice President, President of APAC region at Outotec has been appointed to lead the Americas region business as of March 1, 2014. In this position, Kimmo Kontola follows Jari Rosendal, who has been appointed as President and CEO of Kemira Oyj as of May 1, 2014. As Executive Vice President, President of Americas region, Kimmo Kontola will also continue as a member of Outotec's Executive Board. In order to ensure a smooth transfer of responsibilities, Jari Rosendal will from March 1 to April 30 act as a special advisor reporting to CEO Pertti Korhonen. Jari Rosendal will continue as a member of Outotec's Executive Board until February 28, 2014.

Mr Stuart Sneyd, B. Eng (Chem.), MBA, currently the head of the SEAP market area at Outotec has been appointed as Executive Vice President, President of the APAC region as well as a new member of Outotec's Executive Board as of March 1, 2014. Stuart Sneyd, 45, has over 20 years of experience in the metallurgical industry and has been employed by Outotec in various leadership positions since the acquisition of Lurgi Metallurgie in 2001 and previously by Lurgi and Queensland Alumina.

"I want to warmly welcome Stuart to the Executive Board. He has done excellent work in leading our operations in South East Asia Pacific market area, and will in his new role take the overall responsibility to develop our business in the entire Asia and the Pacific region. I am particularly pleased that we had excellent internal successor candidates and were quickly able to fill the positions to ensure smooth transition", says Pertti Korhonen, President and CEO.

For further information please contact:

OUTOTEC

Pertti Korhonen, President and CEO
Tel. +358 20 529 211

Minna Aila, SVP, Communications and Corporate Responsibility
Tel. +358 20 529 2455, mobile +358 40 5131470

Emails: firstname.lastname@outotec.com

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