OUTOKUMPU OYJ 
OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
November 5, 2015 at 9.15 am EET
Outokumpu announced today the appointment of Liam Bates as the President and Head of Business Area Quarto Plate and member of the Outokumpu Leadership Team as of November 5, 2015. Liam has been leading the Quarto Plate operations in Europe and the production unit in Degerfors, Sweden since September 2014. Prior to that, he has held several senior management positions in the company. He will report to the CEO and will succeed Kari Parvento who has decided to leave Outokumpu to pursue new opportunities.
Says Reinhard Florey, CFO and interim CEO of Outokumpu: 'Liam has extensive industry and commercial experience. During the past year he has taken a firm lead on the quarto plate operations in Europe. I would like to thank Kari Parvento for his contribution in the ramp-ups of Ferrochrome, Coil Americas and Quarto Plate, and I wish him all the success for the future.'
Says Liam Bates: 'I am honored to lead the Quarto Plate business, where Outokumpu has an industry-leading offering. I look forward to continuing the work to ensure we provide the best value to our customers and improve the Quarto Plate profitability.'
For more information:
Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778
Media: Saara Tahvanainen, tel. +358 40 589 0223
Outokumpu Group
Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable - thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 12 000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki.www.outokumpu.com
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