The Board appoints Cargotec’s CEO and determines the related terms of employment. The CEO is responsible for ensuring that the targets, plans, guidelines and goals set by the Board are carried out within Cargotec. According to the Finnish Limited Liability Companies Act, the CEO ensures that the accounting practices of the company comply with the law and that financial matters are handled in a reliable manner. The employment terms of the CEO are defined in a written employment contract.
Cargotec's CEO as of 1 March 2013 is Mika Vehviläinen, (b. 1961), M.Sc., Master of Science (Economics).
Supporting the CEO in his duties, the Executive Board is responsible for business development and the Company’s operational activities in accordance with targets set by the Board of Directors and the CEO. The Executive Board also defines operative principles and procedures in accordance with guidelines set by the Board. The Executive Board convenes every month and whenever necessary and concentrates on the strategic issues of the group and the business areas. On the agenda there are regular reports and questions concerning the development of the financials, governance, corporate responsibility and development projects.
The CEO acts as Chairman of the Executive Board. The Executive Board convenes every month and whenever necessary.
The members of the Executive Board are
- Mika Vehviläinen, CEO,
- Mikko Puolakka, Executive Vice President, CFO,
- Mikael Laine, Senior Vice President, Strategy,
- Mikko Pelkonen, Senior Vice President, Human Resources
and business area Presidents
- Michel van Roozendaal (MacGregor),
- Antti Kaunonen (Kalmar) and
- Roland Sundén (Hiab).
Outi Aaltonen, Senior Vice President, General Counsel, acts as Secretary to the Executive Board.
Extended Executive Board
In addition to the Executive Board members, the Extended Executive Board includes Outi Aaltonen, Senior Vice President, General Counsel, Stephen Foster, Senior Vice President, Corporate Audit, Leena Lie, Senior Vice President, Communications, and Soili Mäkinen, Chief Information Officer.