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Board of Directors

Outokumpu's Board of Directors consists of six members elected by the Annual General Meeting.

Download high-resolution photos of the members of the Board of Directors.

Chairman of the Board of Directors


Kari Jordan

b. 1956
M.Sc (Econ.), Vuorineuvos (Finnish honorary title)
Outokumpu Board member 2018–
Chairman of the Board 2018–
Chairman of the Remuneration Committee

Work experience
President and CEO and member of the Executive Management Team (2005–): Metsä Group 2006– March 31, 2018)
CEO: Metsäliitto Cooperative 2004–2017

Positions of trust
Chairman of the Board: Metsä Board Corporation 2005–March 27, 2018)
Chairman of the Board: Metsä Fibre Oy 2006–2017
Chairman of the Board: Metsä Tissue Corporation 2004–2017
Chairman of the Board: Central Chamber of Commerce of Finland 2012–2016
Chairman of the Board and member of Working Committee : Finnish Forest Industries Federation 2009–2011
Chairman of the Board (2014) and of the Supervisory Board  (2015–): Varma Mutual Pension Insurance Company 
Vice Chairman: Confederation of Finnish Industries EK 2009–2011, 2013–2014
Vice Chairman: Varma Mutual Pension Insurance Company 2013
Vice Chairman of the Board and Board’s Working Committe: Finnish Forest Industries Federation 2005–2008, 2014–2017
Board member: Metsä Fibre Oy 2004–March 31, 2018
Board member and member of the Board's Working Committee (2015–2016): Confederation of Finnish Industries EK 2005–2016
Member of the Supervisory Board: Varma Mutual Pension Insurance Company 2006–2012
Board member: Finnish Forest Industries Federation 2012–2013 Board member: Central Chamber of Commerce of Finland 2007–2011

Holds several positions of trust in foundations and non-profit associations

Independent of the company and its significant shareholders.

Vice Chairman of the Board of Directors

 

Olli Vaartimo

b. 1950, Finnish citizen
M.Sc. (Econ.)
Outokumpu Board member 2010–
Vice Chairman of the Board 2011–
Chairman of the Audit Committee

Work experience
CFO: Metso Oyj 2003–2010
Executive Vice President, Deputy to the President and CEO: Metso Oyj 2003–2010
Member of the Executive Team 1999–2010 and Vice Chairman of the Executive Team 2004–2010: Metso Oyj
President and CEO (acting): Metso Oyj 2003–2004
President and CEO: Metso Minerals Oy 1999–2003
President and CEO: Nordberg Group, Rauma Oyj 1993–1999
Executive Vice President: Rauma Oyj 1991–1998

Positions of trust
Chairman of the Board: BMH Technology Oy 2017–
Chairman of the Board: Kuusakoski Group Oy 2016–
Vice Chairman of the Board: Kuusakoski Oy ​2016–
Vice Chairman of the Board: BMH Technology Oy 2016–2017
Chairman of the Board: Valmet Automotive Oy 2003–2014
Board member: Sampo-Rosenlew Oy 2016–
Board member: Black Bruin Oy 2016– (earlier Sampo-Hydraulics Oy)
Board member: Valmet Automotive Oy 2014–
Board member: Kuusakoski Oy 2008–2016
Board member: Kuusakoski Group Oy 2008–2016
Board member: Alteams Oy 2008–2014
Board member: Northland Resources SA 2013–2014

Independent of the company and its significant shareholders.

 

Members of the Board of Directors
 
 

Kati ter Horst

b. 1968, Finnish citizen
M.Sc. (Marketing), MBA (International Business)
Outokumpu Board member 2016–
Member of the Audit Committee

Work experience
Executive Vice President, Head of Stora Enso Paper 2014–
Senior Vice President, Paper Sales, Printing and Living: Stora Enso 2013–2014
Senior Vice President, Office Paper Sales, Printing and Reading: Stora Enso 2012–2013
Director, Customer Service Centre West, Publication Paper: Stora Enso 2010–2012
Several managerial positions in the paper business, 1996–2010
Business analyst, Jaakko Pöyry Consulting, Singapore 1994–1996

​Positions of trust
Board member: EURO-GRAPH asbl 2017–
Board member: Finnish Forest Industries Federation 2015–

Independent of the company and its significant shareholders.

Heikki Malinen

b. 1962, Finnish citizen
M.Sc. (Econ.), MBA (Harvard)
Outokumpu Board member 2012–
Member of the Remuneration Committee

Work experience
President and CEO: Posti Group Corporation (formerly Itella Corporation) 2012–
President and CEO: Pöyry PLC 2008–2012
Executive Vice President, Strategy, member of the UPM Executive Team: UPMKymmene Corporation, Helsinki, Finland 2006–2008
President: UPM North America, Chicago, USA 2004–2005
President of Sales: UPM North America, Chicago, USA 2002–2003
Managing Partner: Jaakko Pöyry Consulting, New York, USA 2000–2001
Engagement Manager: McKinsey & Co, Atlanta, USA 1997–1999
Director, Business Development UPM Paper Divisions, Helsinki, Finland 1994–1996

Positions of trust
Chairman: American Chamber of Commerce (AmCham Finland) 2009–2014
Vice Chairman: Service Sector Employers PALTA 2016–
Board member: Realia Group 2017–
Board member: East Office of Finnish Industries 2012–
Board member: Ilmarinen Mutual Pension Insurance Company 2014–2016
Board member: Federation of Finnish Technology Industries 2011–2012
Board member: Botnia Oy 2006–2008
Supervisory Board member: Finnish Fair Corporation 2014–
Supervisory Board member: Ilmarinen Mutual Pension Insurance Company 2013

Independent of the company and its significant shareholders.


Eeva Sipilä

b. 1973, Finnish citizen
M. Sc. (Econ.), CEFA
Outokumpu Board member 2017–
Member of the Audit Committee
 
Work experience

Chief Financial Officer and Deputy to the CEO: Metso Corporation 2016–
Executive Vice President and Chief Financial Officer: Cargotec Corporation 2008–2016
SVP, Investor Relations and Communications: Cargotec Corporation 2005–2008
VP, Investor Relations: Metso Corporation 2004–2005
Investor Relations Manager: Metso Corporation 2002–2004
Equity Analyst: Mandatum Stockbrokers (part of Sampo group) 1999–2002
Associate Consultant: Arkwright AB, Stockholm, Sweden 1997–1998

Positions of trust

Board member in Metso Corporation (2012-2016) and Audit Committee chairman (2014-2016)
Board member in Basware Corporation 2010-2013

Independent of the company and its significant shareholders.


Pierre Vareille

b. 1957, French citizen, Knight of the Legion of Honour in July 2003
M.Sc. (Ecole Centrale Paris), Major in Finance (Institut d’Etudes Politiques, Sciences-Po Paris), BA (Econ.) (Sorbonne University), Degree in Controlling and Finance (Institut de Contrôle de Gestion)
Outokumpu Board member 2018–
Member of the Remuneration Committee

Work experience
Chairman and CEO 2012–2013 and CEO 2013–2016: Constellium
Chairman of the Board and CEO: FCI SA 2009–2011
Chief Operating Officer: FCI SA 2007–2008
Group Chief Executive: Wagon Plc. 2004–2007
Senior Vice President: Alcan Inc. 2003–2004
Senior Executive Vice President and President of the Aluminum Conversion Sector: Pechiney 2002–2003
Executive Vice President and President of the Exhaust Systems Business Group: Faurecia 1999–2002
Chairman and CEO: GFI Aerospace (now LISI Aerospace) 1995–1999
CEO of Group subsidiaries Cefival and Specitube 1990–1995 and several operational and staff positions 1982–1989: Vallourec Group

Positions of trust
Lead Director and Vice President of the Board: Société BIC SA 2016–
Board member and member of the Nomination and Remuneration Committee: Etex SA 2017–
Board member: Ferroglobe 2017–
Board member: Verallia 2015-
Founder and Co-President: The Vareille Foundation 2014-
Board member and member of the Strategic Committee: CentraleSupelec 2008–
Chairman: European Aluminium Association 2015–2016
Board member and member of the Audit Committee: Société BIC SA 2009–2016
President: the Alumni Association of the Ecole Centrale 2011–2013

In addition, Mr. Vareille has been a Member of the Board of Directors of diverse organizations such as the Advisory Board of the Confederation of British Industry, the European Committee of the MEDEF (Confederation of the French Industry) and the GIFAS (French Aerospace Industries Association).

Independent of the company and its significant shareholders.