Metso's Board of Directors has appointed Nico Delvaux President and CEO of Metso, effective at the beginning of November 2017 at the latest.

Nico Delvaux is currently Senior Executive Vice President for Atlas Copco AB and Business Area President for Compressor Technique, with responsibility for the global compressed air business of the Atlas Copco Group.

"This nomination is part of Metso's successor planning and the timing is good for Metso to progress into the next development phase. I am convinced that Nico Delvaux is the right person to further accelerate value creation for Metso's customers and shareholders, thanks to his broad international experience, leadership skills and a proven track record in developing leading businesses," says Mikael Lilius, chairman of Metso's Board of Directors.