To better address the current operational and strategic development plans, Raute will change its organization structure. The change will also be reflected in the Executive Board composition and responsibility areas.

Machinery

Raute announces new organizational structure as of 1 January 2023

Raute announces new organizational structure as of 1 January 2023

As of 1 January 2023, Raute will have three business units of Wood Processing, Analyzers and Services, each with a clear focus and accountability for its respective business operations. The Executive Board will consist of the CEO, three Executive Vice Presidents, one for each business unit and three functional roles: Chief Commercial Officer, Chief People Officer, and Chief Financial Officer.

Wood Processing business unit includes Raute’s core technology offering for veneer, plywood and LVL production. Wood processing will be headed by Petri Strengell, who has been with Raute since 1987, and is currently a member of the Executive Board responsible for the supply chain operations. Strengell has also acted as Raute’s interim CEO from May 2022 to September 2022.

Analyzers business unit serves customers with Raute’s latest measurement technology for sorting veneer, plywood and LVL, and special measurement equipment for sawn timber. Analyzers will be headed by Jani Roivainen, who has been with Raute since 2011 and has been responsible for the Metrix business as a member of the Executive Board since 2019.

Services business unit focuses on Raute’s full-service concept ranging from spare parts deliveries to regular maintenance, digital services and equipment upgrades. Services will be headed by Kurt Bossuyt, who joined Raute in 2016. Currently, Bossuyt is a member of the Executive Board heading the Basic Services business since 2019.

Chief Commercial Officer (CCO) is a new functional role in the Executive Board. Responsibility of the CCO includes Raute’s market operations, sales & marketing, as well as commercial excellence and development. Jari Myyryläinen is appointed CCO and a member of the Executive Board as of 1 January 2023. Myyryläinen has worked in Raute since 2020 and is currently heading Raute’s EMEA Market Area.

Marko Hjelt is appointed Chief People Officer (CPO) responsible for the group-wide human resources, people development, and health & safety. Hjelt has been with Raute since 2013 and is currently responsible for the human resources function as an Executive Board member.

Chief Financial Officer (CFO) is responsible for the finance, ICT, IR, ESG and other business support. Minna Yrjönmäki is continuing in the interim CFO role, which she has been responsible for since May 2022.

Following these changes, current Executive board members Mika Hyysti and Jukka Siiriäinen will leave the company by the end of this year. Timo Kangas will continue in the company in a new role, however outside of the Executive Board.

Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber.