Outokumpu Oyj appoints Tamara Weinert as President of Business Area Americas

HELSINKI, FINLAND: Outokumpu Oyj announced that Tamara Weinert has been appointed as President of Business Area Americas with immediate effect.

She has been the Acting President of Business Area Americas and a member of Outokumpu Leadership Team since October 2020.

Prior to her current position, Tamara Weinert has been working in multiple senior positions in finance, sales and investor relations at Outokumpu. Before joining the company, she has acquired long experience in leading positions in European energy sector companies. Ms. Weinert has an MBA degree in finance and M.Sc. degree in protected landscape management.

Olli-Matti Saksi, the previous President of Business Area Americas, has decided to step down from the position and will continue his career outside the company.

Says Heikki Malinen, President and CEO of Outokumpu: “I’m delighted for the appointment of Tamara Weinert as I have learned to know her as a highly commercially-minded and execution-oriented professional who has been successfully implementing the turnaround of the business area. At the same time, she is an insightful and engaging leader who will systematically develop the business area to reach its full potential.”

 “I also want to thank Olli-Matti Saksi for developing a strong foundation for the turnaround of our Business Area Americas and wish him the best of success in the future.”

Says Tamara Weinert: “I’m honored and very excited to continue the work with our committed personnel and my team in the Americas. We have a favorable market outlook, good position in a healthy market and a strategy to drive profitable growth of the business area. I look forward to the work ahead.”

Outokumpu’s Business Areas are Europe (62% of net sales in 2020), Americas (21%), Long products (7%), Ferrochrome (3%) and other operations (7%). Outokumpu is the number two in the American stainless steel market. Company wants to strengthen its commercial footprint in the US and in Mexico and grow especially in automotive, appliances and pipe & tube segments.

Outokumpu is the global leader in stainless steel. Outokumpu employs some 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com

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