12122019Thu
Last updateWed, 11 Dec 2019 9pm

Valve Manufacturing

Metso Proposes Moisio as Future Neles Chairman

The shareholders’ nomination board of Metso Corporation proposes the election of Jukka Moisio as chairman of the board of directors of the future Neles Corporation. Jukka Moisio has previously served as CEO of Huhtamäki Oyj and Ahlstrom Oyj, in addition to many other management positions at Ahlstrom Oyj.

The future Neles Corporation is planned to be created in a partial demerger of Metso, in which Metso’s minerals business would combine with Outotec to create Metso Outotec. Simultaneously, Metso’s flow control business would become the continuing business of the currently listed Metso, and subsequently renamed Neles.

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