Metso's president and CEO Nico Delvaux has decided to resign and assume the position of president and CEO of ASSA ABLOY AB. He will leave his duties in Metso on June 18, 2018, at the latest. Metso’s board of directors will initiate a search for his replacement.

"I was offered a once-in-a-lifetime opportunity that I could not turn down," says Delvaux. "I have enjoyed my time at Metso and I'm grateful for the board and all the Metso people for the opportunity to work with them over the past months. Based on my experience, I'm confident that Metso has significant potential to drive profitable growth in line with its strategy."