Wednesday, June 1, 2011


Outokumpu Oyj - change in the Executive Committee



1 June 2011 at 9.30 am EET

Outokumpu and Bo Annvik, Executive Vice President - Specialty Stainless, have mutually agreed that he will leave his current position and the Group Executive Committee on 30 June 2011. Mr Annvik has decided to pursue his career outside of Outokumpu. His employment at the company will end on 31 December 2011. Jamie Allan, Executive Vice President - Supply Chain Management and member of the Group Executive Committee, will temporarily assume Mr Annvik's duties until a successor has been appointed. In the meantime Mr Allan's current duties will be managed by the supply chain organisation.

Outokumpu is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.

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