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MacGregor Kalmar Stock Exchange Release

Cargotec appoints Mikko Puolakka as Chief Financial Officer

22/03/2016

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 22 MARCH 2016 AT 9.00 AM (EET)
 
Cargotec appoints Mikko Puolakka as Chief Financial Officer
 
Mikko Puolakka, M.Sc. (Econ.), (b. 1969) has been appointed Cargotec's Chief Financial Officer (CFO) as of 1 May 2016. He will be a member of the Executive Board and report to CEO Mika Vehviläinen.
 
Mikko Puolakka has previously held the positions of CFO at Outotec Oyj and CFO at Elcoteq SE, as well as several financial management positions in Elcoteq and in the Huhtamaki Group. 
 
"I warmly welcome Mikko to Cargotec. He brings with him a solid experience in wide-scale financial leadership and development. I expect a strong contribution from him to the company strategy execution and to further development of our financial processes," says Cargotec's CEO Mika Vehviläinen.
 
"Cargotec's global business, the further development of financial management and the possibility to participate in a central role to the realisation of company targets will make my work particularly interesting. I am excited to join Cargotec, a company that is a recognised leader in its field," says Mikko Puolakka.
 
As earlier announced, Cargotec's current CFO Eeva Sipilä will take up the position of CFO at Metso Corporation in the beginning of August.
 
 
Further information:
Mika Vehviläinen, CEO, tel. +358 20 777 4101
Leena Lie, Senior Vice President, Communications, tel. + 358 20 777 4483
 
Cargotec (Nasdaq Helsinki: CGCBV) is a leading provider of cargo and load handling solutions with the goal of becoming the leader in intelligent cargo handling. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance. Cargotec's sales in 2015 totalled approximately EUR 3.7 billion and it employs almost 11,000 people. www.cargotec.com

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