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Koji Sakatani appointed as new CEO of Primetals Technologies

Primetals Technologies has announced the appointment of Koji Sakatani as CEO, succeeding Yoshiharu Ikeda, who will retire. Currently serving as Senior Vice President of Plants and Infrastructure Systems at Mitsubishi Heavy Industries Group, Sakatani is expected to strengthen the company’s global leadership vision with his decades of experience in the heavy industry and metals sector.

Koji Sakatani appointed as new CEO of Primetals Technologies

Yoshiharu Ikeda emphasized that Koji Sakatani has an impressive track record in senior management, particularly within Mitsubishi Heavy Industries Group. Ikeda stated, “His proven leadership will strengthen our vision of being a pioneer and global leader in the heavy industry sector. We are pleased to welcome him as the new CEO of Primetals Technologies.”

Sakatani began his career at Mitsubishi Heavy Industries Limited and has held various global positions at Primetals Technologies, including Chief Strategy Officer. Most recently, he served as Senior Vice President of Plants and Infrastructure Systems at Mitsubishi Heavy Industries Limited.

Leading the Transformation of the Metals Industry

Koji Sakatani thanked Ikeda for his contributions to the company, stating, “He has held various leadership roles over the years and will leave us with a lasting legacy.”

The new CEO expressed his excitement about joining the global Primetals Technologies team of more than 7,000 professionals, adding: “The company is well positioned to lead the transformation of the metals industry through innovations in automation, hydrogen-based solutions, direct reduction, and the electrification of rolling mill furnaces and processing lines. Services and digitalization are strong enablers for the decarbonization of steel production.”

Enhancing the Portfolio and Future Vision

Sakatani outlined his vision for the future, stating: “Building on our foundations of success, we aim to expand into new markets, enhance our portfolio, develop new technologies, and embrace innovation. We will continue to invest in cutting-edge technologies and sustainable solutions to ensure that we remain at the forefront of our industry.”

In addition, Sakatani will temporarily assume the role of CFO as of April 1. In this capacity, he will take over global financial leadership from the current CFO, Andreas Weinhengst, who will retire.

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