Raute Appoints New President/CEO

Raute Corp.’s Board of Directors has appointed Mika Saariaho as the new President and CEO beginning in late November. He will join Raute from Metso Outotec Corp. where he holds the position of Senior Vice President. Saariaho succeeds Tapani Kiiski who left his position by mutual agreement. Kiiski had been Raute President and CEO since 2004.

“After such a long history with the company, leaving this position is naturally bittersweet. The years have been filled with many challenges and successes,” Kiiski comments.

Saariaho has more than 20 years of experience and a solid track record in international business, especially in technology companies. Prior to the formation of Metso Outotec, he worked in various leadership roles at Metso and Outotec and previous worked worked for the World Steel Assn., Outokumpu and McKinsey. He was born in 1973 and is a Doctor of Science (Technology).

“We believe that Raute will be welcoming an excellent new President and CEO in Mika Saariaho. Mika’s extensive experience and competence provide him with an excellent foundation from which to take on this new position and to lead Raute along a profitable path,” says Raute Chair of the Board of Directors Laura Raitio.

Chief Operating Officer (COO) Petri Strengell is acting as interim President and CEO until Saariaho takes over the position. Thereafter, Strengell will continue in his role as COO and member of the company’s Executive Board.

RELATED ARTICLES

RAUTE TO MOVE LOCATIONS FOR CHINESE OPERATIONS

RAUTE GAINS PANEL REPAIR ORDERS

NEW PLYWOOD MILL GOES WITH RAUTE

 

Latest News

Freres Celebrates Centennial Anniversary

Lyons, Ore.-based Freres Lumber Co., now doing business as Freres Engineered Wood, is celebrating its centennial year, marking a century of transformative growth and positive impact on the wood products industry, clients, employees, and its surrounding communities. Freres celebrates this monumental milestone…

FLAMEX Names New President

FLAMEX Inc. announced Tony Thomas as its new President, succeeding Allen Wagoner after 13 years at that post. Thomas has been with the company for almost 32 years and has been serving as Vice President. Ed Pridgen assumes the role as Vice President in addition to his position as MINFOG Product Manager…

GP Announces Multi-Million Dollar Projects At Clarendon OSB

Georgia-Pacific recently announced a $20 million addition to its oriented strandboard (OSB) facility in Alcolu, South Carolina. The major scope of the project will be to add a third strander to the behemoth facility, which will increase the annual output of…

Egger Plans Third TFL Line

Egger Wood Products will invest $20 million for an additional thermally fused laminate (TFL) production line at the company’s sole U.S. location in Lexington, NC. The company’s Supervisory Board announced the investment, part of completion for Phase I work at the site, after visiting the U.S. plant for its…

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!