"Sami has done an excellent job in leading the businesses and as a member of the leadership team over the past seven years," Stadigh says. "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." Stadigh continued: "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." Takaluoma says: "I would like to warmly thank the board for the opportunity to lead this great company.