NEWS | CARGOTEC
CARGOTEC APPOINTS NEW PRESIDENT AND CEO
1 April 2023. C Lindholm brings a wealth of
experience to the company, having held previous CEO positions and board memberships. Lindholm has been a member of Cargotec’s board of directors since 2021, and due to his appointment, was no longer available for re-election in Cargotec’s AGM on 23 March. Cargotec’s previous president and
CEO Mika Vehviläinen is to retire at the end of February 2024, but will remain at the disposal of the board of directors as an advisor from April this year until then. Cargotec subsidiaries include Kalmar (port straddle carriers and shuttle carriers are among its products), Hiab (which makes loader cranes and forestry cranes, for example) and MacGregor (which includes port cranes among the products it manufactures). “I’m honoured and excited to be leading Cargotec at such a pivotal moment in the company’s history, with a strong foundation and a clear vision into its next development phase of growth as we have communicated before,” said Lindholm. “With a talented team, a strong portfolio of businesses with decision-making close to customers, and a commitment to sustainability and profitable growth, I believe that the company is in an
argotec’s board of directors has appointed Casimir Lindholm as the company’s new president and CEO as of
RCasimir Lindholm.
excellent position to create value by empowering our businesses even further in the years to come.” “Casimir is a seasoned leader as a listed company CEO with a proven track record of reshaping businesses,” said Jaakko Eskola, chair of the board of directors. “His membership in Cargotec’s board is an advantage, providing profound knowledge 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.” Vehviläinen had previous informed
Cargotec’s board of directors of his intention to retire from Cargotec during 2023 in accordance with the terms of his CEO service contract. Vehviläinen was appointed as
Cargotec CEO in 2013. “It has been both a privilege and a
RMika Vehviläinen is set to retire at the end of February 2024,
x | April 2023 | Dockside Lift & Move Supplement
pleasure to lead the transformation of Cargotec together with so many
committed and talented colleagues,” said Vehviläinen. “After ten years as CEO of the company, I believe this is the right time for a new CEO to lead the financially and operationally strong Cargotec into its next phase of growth. 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.” Eskola added: “I would like to
express our gratitude to our retiring CEO Mika Vehviläinen for his leadership and outstanding contributions to our business. Mika’s retirement… 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 the company to
its full potential continues, and we will thank Mika warmly for his leadership and contribution to our business when he leaves.” ●
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