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Press release MacGregor

MacGregor appoints Zhengyu Li (Frank) as Vice President, Head of China business

9/22/2015

CARGOTEC CORPORATION PRESS RELEASE, 22 SEPTEMBER 2015 AT 11 AM (EEST)

MacGregor develops operations in China and strengthens its organisation by appointing Zhengyu Li (Frank) as Vice President, Head of China as of 1 October 2015. Mr Li drives the development of MacGregor business in the most important market in the marine industry. He will be a member of the MacGregor Group Executive Team and based in Shanghai.

Mr Li has over 25 years of international business experience, during which he has held various leadership positions in successful global companies like General Electric and Caterpillar in the Asia Pacific region. He joins MacGregor from Caterpillar, where his last role has been Innovation Director.

"We are very happy to welcome Mr Li to MacGregor. I am convinced that his long and valuable industry experience will contribute to our success in China," says Michel van Roozendaal, President, MacGregor.


For more information please contact:
Michel van Roozendaal, President, MacGregor
Minna Karhu, Vice President, Communications, MacGregor


MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.

MacGregor solutions and services for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring are all designed to perform with the sea. www.macgregor.com

MacGregor is part of Cargotec. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com
 

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