OUTOTEC OYJ STOCK EXCHANGE RELEASE, MAY 28, 2010 AT 1.30 PM
Outotec appoints Michael Frei to Executive Board
Outotec has appointed Michael Frei, Ph.D. (Technical Science), Senior Vice
President - Supply and member of the Executive Board as of September 1, 2010. Michael Frei, 42, has been Vice President at ALSTOM (Switzerland) Ltd, responsible for sourcing of the global Thermal Product Business, covering the full range of equipments for power plants from gas turbines to boilers, including the related factories. He held previously a number of other executive positions in ALSTOM, in Supply and other areas. As Outotec's head of Supply, Michael Frei will be responsible for development and management of Outotec's global supply network including suppliers and own manufacturing.
"I warmly welcome Michael Frei to Outotec. He has extensive experience in global supply management of very similar products and equipment to what Outotec is using. Our goal is to leverage the potential in world-class global supply network management to further strengthen Outotec's competitiveness", says Pertti Korhonen, President and CEO of Outotec.
For further information please contact:
Pertti Korhonen, President and CEO
tel. +358 20 529 211
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198
NASDAQ OMX Helsinki