Outokumpu Oyj - Changes board/management/auditors

Outokumpu CTO Pekka Erkkilä to retire

Outokumpu Oyj
Stock exchange release
February 2, 2017 at 1.00 pm EET



Outokumpu Chief Technology Officer Pekka Erkkilä has decided to retire from his
position, and thereby steps down from the Outokumpu Leadership Team as of
February 2, 2017. However, he will continue to support the company in select
key areas, and represent Outokumpu’s interest in for example Fennovoima and the
Association of Finnish Steel and Metal Producers. 

Says Outokumpu CEO Roeland Baan: “Since joining the company in 1983, Pekka has
been a part of making and shaping Outokumpu into the global leader that it is
today. His deep knowledge and insights into our business,  operations and
industry have served the company well, and I am pleased he will continue to
lend this expertise to us in the future as well. On behalf of the entire
company I want to express our warmest thanks for his service and wish him all
the best.” 

Says Pekka Erkkilä: “When I joined Outokumpu as a young engineer, the Tornio
mill was a brand new mill with just five percent of its current melting
capacity, and was competing against twenty players in Europe. Today, Outokumpu
is the undisputed leader in Europe, with a strong position in the Americas, and
it is on a solid track to become the best value creator in the industry. It has
been a privilege to be part of the team and the journey, and as we now have
turned the company back to profitability, it feels like the right moment to
open a new chapter in my personal life as well.” 

For more information:

Investors: Tommi Järvenpää, tel. +358 9 421 3466, mobile +358 40 576 0288

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group




Outokumpu is a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable – thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs some 10,000
professionals in more than 30 countries, with headquarters in Helsinki, Finland
and shares listed in Nasdaq Helsinki. 
www.outokumpu.comoutokumpu.com/stainless-newschoosestainless.outokumpu.com

Attachments:

Pekka Erkkila 02022017 ENG.pdf