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Pekka Kleemola appointed as Luvata’s new President and CEO

(Pori, Finland 04 April 2022)  Luvata Oy’s Board of Directors has appointed Pekka Kleemola as the company’s new President and CEO as of 1 April 2022. At the same time, Jussi Helavirta will be retiring as planned.

Prior to his position as President and CEO, Pekka Kleemola served as Luvata’s Senior Vice President and Chief Financial Officer. Kleemola has worked for Luvata and its predecessors for nearly 20 years in total.

“Luvata is a great company with talented people. The future of Luvata and the products we produce looks very promising. It is an honor to be involved in taking the business forward, and as such, influence the development of sustainable modern world. Green transition towards a carbon-free future including electrification of transportation and renewable energy is further increasing global demand for copper products,” says the new CEO Pekka Kleemola.

Luvata has a diversified product portfolio and global footprint as it operates in five different business segments in seven different countries across four continents.

“Luvata is a world leader in certain key segments. Close cooperation with our customers, and continuous development of new products, applications and solutions offer us many business opportunities, which are supported by our presence in global value chains. The upcoming completion of major investment projects that are currently ongoing in Pori Finland and in Wisconsin USA will further strengthen Luvata’s position and commitment to meet the needs of our customers” says Kleemola.

Retiring Jussi Helavirta joined Luvata in 2000 and he was the President of Luvata Special Products division when it was acquired by Mitsubishi Materials Corporation in 2017. 

“Jussi Helavirta is widely considered a highly valued and respected leader throughout the organization. Under his leadership, Luvata has moved towards a more modern and open corporate culture. We have developed our processes, operations and global presence. This is a good starting point for continuing our growth and taking the business forward,” says Pekka Kleemola.