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Finnair CEO resigns

Chief executive officer Pekka Vauramo leaves the airline to join a Finnish machinery company.

Finnair’s chief executive, Pekka Vauramo, has given notice of his resignation in order to join Metso Corporation, a Helsinki-based machinery industry company as its new CEO.

Vauramo will leave the Finnish flag carrier in November at the latest, it was revealed today, and the search is now on for a successor.

“The Board of Finnair is naturally sad to see Pekka Vauramo leave the company, but we also respect his personal decision to take on another challenge,” says Jouko Karvinen, the chairman of Finnair’s board of directors.

“We thank Pekka for his leadership in the past five years and wish him lots of success in his future role.”

Karvinen put a positive spin on the occasion by adding: “During the past few years, Finnair’s people have achieved a remarkable transformation and have turned Finnair into a growth company. We all at Finnair, including the board, will now continue this extensive journey of transformation.”

Pekka Vauramo joined Finnair as CEO in 2013. In June 2017, he was also nominated by the governing board of the oneworld global airline alliance to be its chairman for the coming two years.

Journey of change
“We have been through a lot at Finnair over the past five years,” Vauramo commented today. “Our strategic focus on growth, customer experience, personnel experience and transformation has been the right choice, and I want to extend my warm thanks to the entire Finnair team for this.”

He concluded: “I have now been offered to take on one more challenge, and this has not been an easy decision for me to make. I am grateful for having been a part of this journey of change, and I am committed to leading Finnair together with my team for the rest of my time at Finnair. Our company’s focus needs to be on the future development of the company every day.”

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