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Change in Valmet's Executive Team

Valmet Oyj's press release August 7, 2018 at 16:00 EET

Mr. Sami Riekkola (M.Sc. (Eng)) has been appointed Business Line President, Automation as of September 1, 2018. He will be a member of Valmet's Executive Team and report to President and CEO Pasi Laine.

Sami Riekkola is currently employed at Valmet as Vice President, Energy and Process Systems in the Automation business line. Sami started his career in 1998 as automation project engineer at Valmet and has since then worked in a variety of automation positions within the company in several geographical locations in Europe and Australia. During the years, he has gathered excellent experience from automation products, project management, sales and customer management, as well as automation related services.

Mr. Sakari Ruotsalainen, the current Business Line President, Automation, has decided to retire as of September 30, 2018 after a long and successful career at Valmet.

"It is a pleasure to welcome Sami Riekkola to our Executive Team. His long and versatile experience in our automation business has helped him to gain a thorough understanding of the business and its customers in different markets. With this background, I believe Sami is in an excellent position to lead our Automation business line and to grow it further. I want to thank Sakari Ruotsalainen for his strong dedication and excellent contribution to Valmet's success in the past years. It has been a true pleasure to work with Sakari. We wish Sakari all the best for his well-earned retirement days," says Pasi Laine, President and CEO of Valmet.

VALMET
Corporate Communications

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

Sami Riekkola's CV

Sami Riekkola has been appointed Business Line President, Automation as of September 1, 2018. Prior to that he was employed as Vice President, Energy and Process Systems at Valmet (2018), Vice President, Central and Southern EMEA, Automation Business Line, Valmet (2015-2018), Vice President Automation, Sales, Central Eastern Europe, Metso (2013-2015), Director, Machine Vision Product Group, Metso (2010-2013), Engineering Manager, Metso (2006-2010), Product Manager Profilers & Quality Management Systems, Metso (2004-2006), Senior Customer Support Engineer, Metso (2003-2004), Project Engineer, Valmet Automation (1998-2003). Mr. Riekkola holds a Master of Science degree in Engineering, Automation Technologies (1998).

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2017 were approximately EUR 3.1 billion. Our more than 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 Helsinki.

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