Kari Saarinen is currently working at Valmet as Senior Vice President, Strategy and Operational Development. In his new CFO position he continues as the member of Valmet's Executive Team and reports to the President and CEO Pasi Laine.

Mr. Markku Honkasalo, the current CFO of Valmet, has been instrumental to Valmet's creation phase which started in 2013. Since this stage is now completed, Markku Honkasalo has decided to leave Valmet at the end of November, after a thorough handover phase to his successor.

"I thank Markku for his contribution to Valmet during a very interesting and demanding time. Markku has been a great support in these first years as an independent, stock listed company", says Valmet's President and CEO Pasi Laine.

"Kari Saarinen has a strong background in finance and business controlling in large, international organizations in addition to his expertise in the field of strategy and operational development. Through his four years at Valmet Kari knows the company well and is the perfect person to take over the CFO position from the good foundation built by Markku," continues Pasi Laine.