Raute Corporation's Board of Directors has appointed Mika Saariaho as the new President He will join Raute from Metso Outotec Corporation where he holds the position of Senior Vice President, with responsibility for the crusher wears business. He will take over the position as Raute's President and CEO at the latest on November 24, 2022. Mika Saariaho has more than 20 years of experience and a solid track record in international business, especially in technology companies.

Prior to the formation of Metso Outotec, he worked in various leadership roles in both Metso and Outotec starting in 2010. Before this he worked for, among others, the World Steel Association, Outokumpu and McKinsey. He was born in 1973 and is a Doctor of Science (Technology).

As announced earlier, the company's Chief Operating Officer (COO) Petri Strengell will act as the company's interim President and CEO until Mika Saariaho takes over the position. Thereafter, Strengell will continue in his role as COO and member of the company's Executive Board.