Juha Lappalainen appointed SVP, Strategy and Operational Development at Valmet

Valmet Corporation's press release on December 16, 2015 at 16:40 p.m. EET

Mr. Juha Lappalainen (MSc. Eng., born 1962) has been appointed Senior Vice President, Strategy and Operational Development at Valmet as of January 4, 2016. Juha Lappalainen will succeed Kari Saarinen, who was appointed Valmet's CFO in November. In his new position as SVP, Strategy and Operational Development, Juha Lappalainen will be a member of Valmet's Executive Team and report to President and CEO Pasi Laine.

Juha Lappalainen has been employed by Valmet since 2013, and is currently working as Vice President, Procurement. He has a strong, international background in global telecommunications with versatile experience in sales, technology and business development, and in leading strategic projects including mergers and acquisitions.

"It is a pleasure to welcome Juha Lappalainen to our Executive Team to develop our operations forward. As company we have taken big leaps regarding strategy execution, procurement, quality, and health and safety results. I am convinced that under Juha's leadership we will continue to strengthen these areas further," says Pasi Laine, President and CEO of Valmet.

Corporate Communications

For further information, please contact:
Pasi Laine, President and CEO, Valmet, tel. +358 10 672 0001

Juha Lappalainen's CV

Juha Lappalainen has been appointed Senior Vice President, Strategy and Operational Development at Valmet as of January 4, 2016. Since October 2013 he has been Vice President, Procurement at Valmet. Between 1994 and 2012 Juha Lappalainen held several positions in Nokia and NSN. In 2012 he was Head of Technology for NSN's Europe and Africa Customer Operations, and in 2009-2012 the Head of Sales, Mobile Broadband. Between 2003 and 2009 he worked in several business management, integration and M&A activities. Between 2001 and 2003 he was Vice President, Sales and Marketing for Mobile Networks in North America. Before that he worked in several product, marketing and business management jobs in Nokia. After graduation from Helsinki University of Technology Mr. Lappalainen worked for IBM and two years at CERN, European Laboratory for Nuclear Research in Switzerland. Mr. Lappalainen holds a Master of Science degree in Electrical Engineering.

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

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