Changes in Raute Group's Executive Board

Raute Corporation, Stock Exchange Release, December 20, 2023 at 8:00 a.m.

CHANGES IN RAUTE GROUP’S EXECUTIVE BOARD
 

Raute is changing the composition of the Executive Board as of 1 January 2024.

 

Mr. Petri Strengell, Executive Vice President, Wood Processing business unit, will take on a new role in Raute’s Wood Processing business unit heading the project delivery with a special focus on ensuring successful delivery of the major mill-sized orders received in 2023. At the same time, he will step down from the Executive Board.

 

Mr. Jani Roivainen, currently Executive Vice President, Analyzers business units, has been appointed Executive Vice President, Wood Processing business unit. Mr. Roivainen will also continue in an acting role as the Executive Vice President, Analyzers business unit, until his successor has been nominated.

 

The company has initiated search process for the new Executive Vice President, Analyzers business unit.

 

“The change is reflecting Raute’s continuing focus on operational excellence, as well as our approach to provide career development and job rotation opportunities. We have received all-time high order intake in 2023 with many significant mill-sized orders and want to ensure best possible resources in managing these delivery projects. I’m very pleased that Petri, with his long Raute experience, is taking the role in heading this area. I want to also congratulate Jani for assuming the new role in the Executive Board, following the good development of Analyzers business under his leadership. I wish the best of luck to both Petri and Jani in their new roles”, says Mika Saariaho, President and CEO of Raute.

 

Raute Group’s Executive Board and the members’ areas of responsibility as of 1 January 2024:

 

• Mika Saariaho, President and CEO
• Jani Roivainen, Executive Vice President, Wood Processing – Wood Processing business unit
• Jani Roivainen (acting), Executive Vice President, Analyzers – Analyzers business unit
• Kurt Bossuyt, Executive Vice President, Services – Services business unit
• Jari Myyryläinen, Chief Commercial Officer (CCO) – Sales & marketing, commercial excellence
• Tarja Moilanen, Chief People Officer (CPO) – Human resources, people development, health & safety
• Ville Halttunen, Chief Financial Officer (CFO) – Finance, ICT, IR, ESG, other business support

 

RAUTE CORPORATION

Mika Saariaho
President and CEO

 

FURTHER INFORMATION:

Mika Saariaho, President and CEO, tel. +358 40 154 9393
 

DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com

 

RAUTE IN BRIEF - Making Wood Matter

Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products.  Additionally, we offer full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers’ efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute’s head office and main production is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, Changzhou, China, and in Pullman, WA, USA. Raute’s net sales in 2022 were EUR 158.3 million. The Group’s headcount at the end of 2022 was 778. More information about the company can be found at www.raute.com.