Cargotec Appoints Lindholm as President and CEO
and understanding of Cargotec’s business and strategic direction. The work to develop the company to its full potential continues and the board of directors is confident that under Casimir’s leadership, Cargotec will continue to drive value for our shareholders and customers,” says Jaakko Eskola, chair of Cargotec's board of directors. “Additionally, I would like to express our gratitude to our retiring CEO Mika Vehviläinen for his leadership and outstanding contributions to our business.”Vehviläinen was appointed as Cargotec CEO in 2013. Cargotec announced
Cargotec CEO Vehviläinen to Retire in 2023
its next phase of growth,” said Vehviläinen, who has served as Cargotec CEO since 2013. “Executing on our refocused strategy remains our top priority, and in the months ahead I will remain fully focused on driving our performance to leverage the full benefits of our strategy.”Jaakko Eskola, Chair of the Board of Directors, said, “Mika’s retirement next year will mark the end of a remarkable career with Cargotec. Under his leadership, Cargotec has made critical changes to its strategy, structure and performance that position it strongly for success. The work to develop
Wärtsilä Names Håkan Agnevall as President and CEO
Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who is currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola, who will continue with the company as a senior advisor and executive until he retires on June 30, 2021, after 22 years with the group.Agnevall has been with the Volvo Group since 2013. In the decade prior to that he held various leadership positions in Bombardier and in ABB, gaining experience in sales, production
Marco Wirén Appointed President at Wärtsilä
President of Energy Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective October 1, 2018.In this position, he is responsible for Wärtsilä's Energy Solutions business globally, and will report to President & CEO Jaakko Eskola.Wirén is currently the Chief Financial Officer of Wärtsilä, holding this position since August 2013. Prior to joining Wärtsilä, he had broad-ranging experience of financial management and international business management from the steel manufacturer SSAB, the infranet
Wärtsilä: Holm to lead Marine Solutions
President of Marine Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective 1 November 2015. In this position, he is responsible for Wärtsilä's Marine Solutions business globally, and will report to President & CEO Mr Jaakko Eskola. Holm joined Wärtsilä in 1997 and has held several managerial positions, most recently leading the Engines organisation, responsible for Wärtsilä's engine production and R&D for the marine and energy markets. Before that he has led Seals & Bearings, Solutions
Holm to lead Wärtsilä's Marine Solutions Business
has been appointed President of Marine Solutions, EVP and member of the Board of Management of Wärtsilä Corporation, effective 1 November 2015. In this position, he is responsible for Wärtsilä's Marine Solutions business globally, and will report to President & CEO Mr Jaakko Eskola. Mr Holm joined Wärtsilä in 1997 and has held several managerial positions, most recently leading the Engines organisation, responsible for Wärtsilä's engine production and R&D for the marine and energy markets. Before that he has led Seals & Bearings, Solutions Management
Wärtsilä Cuts 600 Jobs, Cites Weak Market
end of 2016. The nonrecurring costs related to the restructuring measures will be approximately €25-30 million, the company said. Wärtsilä Marine Solutions currently employs 7,217 people globally. A portion of the job reductions will be realized through retirements. Jaakko Eskola, President, Marine Solutions, Senior Executive Vice President, Wärtsilä Corporation, said, “The marine industry has been slow in recovering from the global economic crisis and new shipbuilding contracting is weak. At the same time, the offshore oil and gas industry has been adversely
