ESPOO, Finland -- Mr. Olli Hänninen (M.Sc. Industrial Management) has been appointed Senior Vice President, Strategy, at Valmet as of October 1, 2024. In this position he will report to the President and CEO Thomas Hinnerskov and is a member of Valmet's Executive Team.

Olli Hänninen has worked in several different management positions in the services business of KONE between 2014-2024, where his last position was Senior Vice President, Service Business. Prior to his career at KONE, he worked as an Associate Partner in McKinsey & Company in 2004-2014.

Olli Hänninen will be based at Valmet's head office in Espoo, Finland.

"Valmet has an impressive legacy of more than 225 years, and we continue developing the company based on this strong foundation. To facilitate our journey in this next chapter, we wanted to further strengthen the Executive Team with a dedicated strategy focused role, and I am pleased to have Olli Hänninen joining Valmet as SVP, Strategy. Olli's experience in strategy and business development will be a great asset to Valmet and I am confident that he will fit our team perfectly," says Thomas Hinnerskov, President and CEO, Valmet.