Cargotec aims to grow Marine business in Asia especially in offshore and to accelerate the operational performance improvement of Terminals to enable further growth. Chief Operating Officer Pekka Vauramo has been appointed Executive Vice President, Marine as of 1 August 2012. He will continue as Deputy to CEO. President and CEO Mikael Mäkinen will act as the Head of Marine business area from 14 May until 1 August 2012. Olli Isotalo, currently Executive Vice President, Marine, has been appointed Executive Vice President, Terminals as of 14 May 2012. Unto Ahtola, currently Executive Vice President, Terminals, will transfer to a new role as Executive Vice President concentrating on development projects from 14 May 2012. He continues to report to Mikael Mäkinen. Pekka Vauramo, Olli Isotalo and Unto Ahtola will continue as members of the Executive Board.
“We are determined to grow as a global market leader in cargo handling solutions. With these changes, we can utilise the best experiences and competences within our top management and support both Marine and Terminals business areas, which are in different phases of development. In Marine, we aim for further profitable growth in Asia and in Terminals for improved profitability and successful execution of its growth strategy within port automation. As a company we have to be agile to constantly develop and focus – key success factors in this changing environment,” says Mikael Mäkinen.