Cargotec’s New President and CEO Starts March 1

During its Jan. 27 meeting, Cargotec’s Board of Director has appointed Mika Vehviläinen as Cargotec’s new president and CEO. He will start at Cargotec on March 1, 2013. Tapio Hakakari, Cargotec’s vice chairman of the board, will continue as the interim president and CEO until Feb. 28, 2013.

Vehviläinen is currently the president and CEO of Finnair Plc. Previously he has held senior leadership positions at Nokia Siemens Networks and Nokia, and has worked in logistics and service development duties in the United States and Asia.

“During his successful international career, Vehviläinen has convincingly proven his leadership and result creating skills even during difficult circumstances. The Board is certain that under his management Cargotec is well prepared to face the future changes and challenges,” said Ilkka Herlin, Cargotec’s chairman of the board.

“The importance of transport and logistics will continue to increase in the future. Cargotec as the forerunner in cargo handling solutions offers an interesting challenge. I am excited to develop Cargotec business further, together with the whole personnel,” said Vehviläinen.