ESPOO, Finland - Valmet's board of directors has appointed Thomas Hinnerskov president and CEO of Valmet, and he will start in the position during the second half of the year. Hinnerskov succeeds Pasi Laine, who will continue as the president and CEO of Valmet until his successor starts.

Hinnerskov is a Danish citizen and was born in 1971. He joins Valmet from Mediq B.V. where he has been working as the CEO since 2022. Prior to his current position, Hinnerskov was the executive vice president at Kone responsible for South Europe, Middle East and Africa between 2021-2022 and was executive vice president for Central Europe between 2016-2021. Earlier in his career, Hinnerskov had several leadership positions in ISS A/S between 2003-2016 and worked in versatile management positions in a private equity fund, in consulting and in the investment banking sector. He has a Master's degree in Economics (Finance and Accounting) from Copenhagen Business School.