Baan’s resignation is effective 15 May, and a search for his successor is underway, the company said. 

“Under Roeland’s leadership, Outokumpu has gone through a major transformation leading to improved productivity and efficiency as well as a stronger market position,” chairman of the board Kari Jordan said. “On behalf of the entire board of directors, I would like to warmly thank Roeland for his dedication and professional leadership which have been vital to Outokumpu’s turnaround.”