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Regulatory press release

Raute Oyj: Raute appoints Timo Kupsanen as EVP, Analyzers

Raute
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RAUTE CORPORATION, Inside Information, 31 March 2026 at 09:00 a.m. EEST

Raute appoints Timo Kupsanen as EVP, Analyzers

M.Sc. (Tech) Timo Kupsanen (40) has been appointed as EVP, Analyzers and a member of Executive Board of Raute Corporation as of May 1, 2026. He will report to Mika Saariaho, President and CEO of Raute Corporation.

At the same time, Markus Sirviö, currently EVP, Analyzers, will step out from the Executive Board and move to a new position at Raute as of May 1, 2026, reporting to Timo Kupsanen.

Timo has built a strong background in sales and service leadership roles, particularly at Laitex, as well as earlier at Outotec. He currently serves as SVP, Head of Business Unit Mined and Recycled at Laitex, and brings valuable global business experience alongside a strong knowhow on customer value and business development.

"I warmly welcome Timo Kupsanen to our team. Timo has valuable global experience from a business environment closely related to Raute's customer base, as well as a strong track record in successfully driving business growth. Timo's leadership approach is customer focused, which is essential as we continue to develop our portfolio and drive profitable growth in line with our strategy.

At the same time, I want to thank Markus for his contribution in the Executive Board and wish him best of success in his new role and continuing career at Raute.

These changes ensure good business continuity and further development as we move forward", says Mika Saariaho, President and CEO of Raute.

Raute Group's Executive Board and the members' areas of responsibility as of May 1, 2026:

Mika Saariaho, President and CEO
Jani Roivainen, Executive Vice President, Wood Processing - Wood Processing business unit
Timo Kupsanen, Executive Vice President, Analyzers - Analyzers business unit
Kurt Bossuyt, Executive Vice President, Services - Services business unit
Arto Kaikkola, Chief Commercial Officer (interim) - Sales & marketing, commercial excellence
Tarja Moilanen, Chief People Officer (CPO) - Human resources, people development, health & safety
Ville Halttunen, Chief Financial Officer (CFO) - Finance, ICT, IR, ESG, other business support.

Raute Corporation
Mika Saariaho
President and CEO

FURTHER INFORMATION:
Mika Saariaho, President and CEO, tel. +358 40 154 9393

DISTRIBUTION:
Nasdaq Helsinki Ltd, Main media, www.raute.com  
 

RAUTE IN BRIEF - Making Wood Matter
Raute acts as a partner for a sustainable future for the wood products industry. Our technologies cover various production processes as well as supporting digital and analyzer solutions for industrially manufactured wood products. In addition, we offer comprehensive service concepts from spare parts to regular maintenance and production modernizations. Our innovative technologies, software and service concepts are designed to support the efficient use of natural resources in our customers' production. Raute is the only turnkey supplier in the world that offers mill-wide technology solutions for veneer, plywood and LVL production. Raute's head office and largest production plant is located in Lahti. The company's other production plants are located in Kajaani, Finland, the Vancouver area of Canada, and in Pullman, WA, USA. Raute's net sales in 2025 were EUR 175.5 million. The Group's headcount at the end of 2025 was 698. More about Raute: www.raute.com.

 

 

 

 

 

 

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