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Cargotec Oyj (CGCBV.HE)

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Summary

Name Age Since Current Position

Ilkka Herlin

60 2005 Chairman of the Board

Mika Vehvilainen

58 2019 Chairman of the Leadership Team, President, Chief Executive Officer

Tapio Hakakari

66 2013 Independent Vice Chairman of the Board

Mikko Puolakka

50 2019 Executive Vice President, Chief Financial Officer, Member of the Leadership Team

Outi Aaltonen

2019 Senior Vice President, General Counsel, Secretary, Member of the Leadership Team

Mikko Pelkonen

49 2019 Senior Vice President, Human Resources; Member of the Leadership Team

Carina Geber-Teir

2019 Senior Vice President, Communications; Member of the Leadership Team

Mikael Laine

55 2019 Senior Vice President, Strategy; Member of the Leadership Team

Soili Makinen

59 2019 Chief Information Officer, Member of the Leadership Team

Antti Kaunonen

60 2019 President, Kalmar Automation Solutions; Member of the Leadership Team

Stefan Lampa

55 2019 President, Kalmar Mobile Solutions; Member of the Leadership Team

Scott Phillips

53 2019 President of Hiab, Member of the Leadership Team

Michel van Roozendaal

56 2019 President of MacGregor, Member of the Leadership Team

Peter Immonen

60 2005 Director

Jorma Eloranta

68 2013 Independent Director

Teresa Kemppi-Vasama

49 2017 Independent Director

Johanna Lamminen

53 2017 Independent Director

Kaisa Olkkonen

55 2016 Independent Director

Teuvo Salminen

65 2010 Independent Director

Heikki Soljama

65 2016 Independent Director

Hanna-Maria Heikkinen

2017 Vice President, Investor Relations

Biographies

Name Description

Ilkka Herlin

Mr. Ilkka Herlin has served as Chairman of the Board of Directors of Cargotec Oyj since July 12, 2005. He is also Chairman of the Nomination and Compensation Committee and Member of the Audit and Risk Management Committee of the Company. Mr. Herlin has been Chairman of the Board of Wipunen varainhallinta oy since 2005 and is Owner of the company. He was Chairman of Foundation for a Living Baltic Sea (2008-2017) and Member (2017). In the past, he served as Managing Director of Security Trading Oy (1987-2000) and as Member of the Board of KONE Corporation (1990-2000). He has also served as Chairman (2017) and Deputy Chairman of the Advisory Board of Aleksanteri Institute (2011-2017), as well as Member of WIP Asset Management Ltd since 2005 (Chairman between 2000 and 2005), and Member of Mariatorp Py since 2015 and Chairman of University of Tampere since 2018. Previously, he was Member of the Board of Finnish Foundation for Share Promotion (2005-2011) and John Nurminen Foundation (2005-2008). Mr. Herlin holds Doctorate of Philosophy degree, honorary Doctorate of Science degree in Technology and honorary Doctorate of Science in Agriculture & Forestry.

Mika Vehvilainen

Mr. Mika Vehvilainen has been President and Chief Executive Officer (CEO) of Cargotec Oyj since March 1, 2013 and Chairman of the Leadership Team since April 25, 2019. He has previously been Chairman of the Executive Board since March 1, 2013. He served as Interim President of MacGregor from June 12, 2014 until August 2015. He served as Acting President of Hiab at the Company from October 25, 2013 until April 30, 2014. He was formerly President and CEO of Finnair Plc (2010-2013). He also served as Chief Operating Officer of Nokia Siemens Networks (2007-2009) and was employed by Nokia, holding different positions from 1991 until 2007. He has been Member of the Board of Danofss A/S since 2018. He was Member of the Board of Directors at Confederation of Finnish Industries (EK) (2012-2013). He was Vice Chairman of Elisa Corporation (2014-2018) and Board Member (2012-2018) as well as Vice Chairman of Vacon Plc (2010-2014) and Member (2009). Mr. Vehvilainen holds Master of Science degree in Economics.

Tapio Hakakari

Mr. Tapio Hakakari has been Independent Vice Chairman of the Board of Directors of Cargotec Oyj since February 28, 2013. He also served as Vice Chairman of the Board of Directors, Interim President and Chief Executive Officer, and Chairman of the Executive Board at the Company from October 8, 2012 until February 28, 2013. He was also Independent Vice Chairman of the Board of March 5, 2009 until October 8, 2012. He is Member of the Company's Nomination and Compensation Committee. He joined the Company's Board as Independent Member on July 12, 2005. He is former Director, Secretary to the Board of KONE Corporation (1998-2006). In the past, he also served as Director Administration at KCI Konecranes Plc (1994-1998) and worked for KONE Corporation (1983-1994). He was Board Member at Etteplan Oyj (2004-2014). He has been Chairman of the Board of Opteam Yhtiot Oy (2013-2017) and Member (2011-2017). He was also Chairman of the Board of Esperi Care Oy (2006-2010) and Member of the Boards of Havator Holding Oy (2007-2010) and Martela Oyj (2003-2013). He has been Chairman of the Board of Svenska Handelsbanken AB (publ), Branch Operation in Finland since 2019 and Member since 2016; Chairman of the Board of Consti Yhtiot Oy since 2015. He holds Master of Legal Letters degree.

Mikko Puolakka

Mr. Mikko Puolakka has been Executive Vice President and Chief Financial Officer of Cargotec Oyj since May 1, 2016. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since May 1, 2016. He previously held the positions of Chief Financial Officer at Outotec Oyj (2010-2016) and Chief Financial Officer at Elcoteq SE (2007-2010), as well as several financial management positions in Elcoteq and in the Huhtamaki Group. He was Board Member of Okmetic Oyj (2012-2016). He holds Master of Science degree in Economics.

Outi Aaltonen

Ms. Outi Aaltonen has been Senior Vice President, General Counsel and Secretary at Cargotec Oyj since April 1, 2013. She has also been Member of the Leadership Team since April 25, 2019. She has previously been Member of the Extended Executive Board since April 1, 2013. She is Secretary to the Board of Directors and to the Executive Board.

Mikko Pelkonen

Mr. Mikko Pelkonen has been Senior Vice President, Human Resources at Cargotec Oyj since August 12, 2013. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since August 12, 2013. He joined the Company from Nokia Siemens Networks, Mobile Broadband Unit, where his most recent position was Vice President of Human Resources (2012-2013), Networks Systems (2009-2012), Greater China (2006-2009). Before that, he was Head of Human Resources at Nokia Networks, North America (2004-2006). He was employed at Nokia, holding different Human Resources positions between 1997 and 2004. He holds Bachelor of Arts degree.

Carina Geber-Teir

Mikael Laine

Mr. Mikael Laine has been Senior Vice President, Strategy at Cargotec Oyj since April 7, 2014. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since April 7, 2014. He previously served at Moventas Group, where he held the position of President and Chief Executive Officer (2012-2013). Prior to that, he was Senior Vice President, Business Development and Corporate Functions in Moventas (2008-2012). He was also Chief Executive Officer at YAP Solutions Oy (2005–2008); Chief Financial Officer, Senior Vice President, Deputy Chief Executive Officer at TeliaSonera Corporation/TeliaSonera Finland (2003–2005). He was also employed by Sonera Oyj holding different positions between 1996 and 2002, and served as Chief Financial Officer at Oy Mikrolog Ltd (1995–1996). He has been Board Member of Aspo Plc since 2016. He holds Master of Science degree in Economics.

Soili Makinen

Ms. Soili Makinen has been Chief Information Officer, Member of the Leadership Team at Cargotec Oyj since April 25, 2019. She has previously been Senior Vice President, Digitalization, Chief Information Officer and Member of the Executive Board at Cargotec Oyj since March 26, 2018. She has previously been Chief Information Officer (CIO), Member of the Extended Executive Board at the Company since April 1, 2013. She has been employed as CIO at by Cargotec since 2006. She previously was CIO at MacGregor (1993-2006). She holds Master of Science degree in Economics.

Antti Kaunonen

Mr. Antti Kaunonen has been appointed President, Kalmar Automation Solutions at Cargotec Oyj effective as of April 1, 2019. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since April 1, 2019. He has been President of Kalmar and Member of the Executive Board at Cargotec Oyj since July 1, 2016. He joined Cargotec in 2015. He is Doctor of Technology and holds MBA degree. He previously was Senior Vice President, Automation and Project Division in Kalmar. He worked at Voith, Germany 2007–2015; Metso (Neles, Valmet and Kajaani), Finland and China 1986–2007; Tampere University of Technology, Finland, Professor 1998–2007 (part time); Tampere University of Technology, Finland 1983–86. He has been Member of the Board of Glaston Corporation since 2018, Jiangsu Rainbow Heavy Industries Co., Ltd. since 2017 and Foundation of the Tampere University of Technology 2014–2018. He received Honorary doctorate from Petrozavodsk State University, Russia on September 14, 2005.

Stefan Lampa

Mr. Stefan Lampa has been appointed President, Kalmar Mobile Solutions at Cargotec Oyj effective as of April 1, 2019. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since April 1, 2019. Stefan Lampa joins Cargotec from KUKA Robotics where he has worked as CEO of KUKA Roboter. Lampa brings experience from the world of software systems and robotics and has a proven track record of driving business transformation towards a solution provider across different markets.

Scott Phillips

Mr. Scott Phillips has been appointed President of Hiab at Cargotec Oyj effective as of October 1, 2018. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since October 1, 2018. He holds a B.Sc. degree in Industrial Technology and an MBA degree. He previously was Vice President and CEO Mining, General Electric 2016–2018; President Global Equipment, Sandvik Mining 2013–2016; President Loading & Hauling, Sandvik Mining 2012–2013; Executive Director of the Board of Directors, Freeman Financial Corporation Ltd. 2008–2012; Chairman of the Board, Signal Capital Group Ltd. 2007–2009; Managing Director and further positions, Caterpillar Inc. 1991–2006.

Michel van Roozendaal

Mr. Michel van Roozendaal has been President of MacGregor at Cargotec Oyj since August 2015. He has also been Member of the Leadership Team since April 25, 2019. He has previously been Member of the Executive Board since August 2015. He holds Master of Science degree in Aerospace Engineering and Master of Business Administration degree from INSEAD. He previously was Vice President and General Manager, Ingersoll Rand, Thermo King Division, Global Marine, Rail and Bus Businesses (Belgium) 2013 – 2015; Vice President, Ingersoll Rand, Services, Contracting and Aftermarket, EMEIA (Belgium) 2010 – 2012; Managing Director, United Technologies Fire & Security (Netherlands) 2007 – 2009; President, Europe, Danaher Motion (Germany) 2004 – 2006; Vice President, North Europe Region, Johnson Controls (Belgium) 2000 – 2004 and held several positions in Honeywell 1991 – 2000.

Peter Immonen

Mr. Peter Immonen has been Member of the Board of Directors of Cargotec Oyj since July 12, 2005. He is Member of the Company's Nomination and Compensation Committee. Mr. Immonen served as Deputy Chairman of the Board of Foundation for a Living Baltic Sea (2008-2016) and has been Member of the Board of Directors of Mariatorp Oy from 2005 and Wipunen varainhallinta oy from 2005. He has also been Member of the Board of Dasos Capital Oy since 2010 and Finsilva Oyj since 2015, as well as Alma Media Corporation since 2018. He was Member of the Board of the Finnish Shareholders Association from 1988 until 2013. He is a former Managing Director of WIP Asset Management Oy (2002-2005). In 2005 he was elected Chairman of the Board of the company. He was previously Chairman of the Board of the company between 1995 and 2001. He holds Master of Science degree in Economics.

Jorma Eloranta

Mr. Jorma Eloranta has been Independent Member of the Board of Directors of Cargotec Oyj since March 20, 2013. He is also Member of the Company Nomination and Compensation Committee. He is a former President and Chief Executive Officer (CEO) of such companies as Metso Corporation (2004-2011), Kvaerner Masa-Yards Inc. (2001-2003) and Patria Industries Group (1997-2000). In the past, he also served as Deputy Chief Executive at Finvest Group and Jaakko Poyry Group (1996) and as President of Finvest Ltd (1985-1995). He has also been Board Member at Ovako Group AB (2011-2014) and Chairman on the Supervisory Board of Gasum Oy (2008-2014). He was Vice Chairman of the Board of Neste Oil Corporation in 2011, among others. He has been Chairman of the Board of Stora Enso Oyj since 2017 and Vice Chairman of the Board of The Finnish Fair Foundation since 2013 (Member since 2012). Mr. Eloranta has Master of Science degree in Technology and honorary Doctorate of Science degree in Technology.

Teresa Kemppi-Vasama

Ms. Teresa Kemppi-Vasama has been Independent Director at Cargotec Oyj since March 21, 2017. She has been Executive Chairman of the Board, Kemppi Oy since 2014. Previously, she was Manager, BD & MI, Kemppi Oy 2009–2014; CEO of Lomapilke Oy since 2010; CEO, Chairman of the Board, Auro Invest Oy since 2007 and held various positions at Finnish Red Cross 1997–2009. She was also Consultant, Accenture 1996–1997. She has been Chairman of the Board of Kemppi-Yhtiot Oy since 2012 and Member of the Board of Kemppi Group Oy since 2012, Kemppi-Kiinteistot Oy since 2012 and Lappeenranta University of Technology since 2018. She has also been Chairman of the Executive Committee, Association for Finnish Work since 2015. She holds M.Pol.Sc. (Social Psychology) and MBA degrees.

Johanna Lamminen

Ms. Johanna Lamminen has been Independent Director of Cargotec Oyj since March 21, 2017. She has been CEO of Gasum Ltd since 2014. She holds Doctorate of Science in Technology and MBA degrees. She was previously Executive Vice President and deputy to CEO, Gasum Ltd 2013–2014; CEO, Danske Bank Finland 2012–2013; CFO, Danske Bank Finland 2011–2012; CFO, deputy to CEO, Evli Bank Plc, Finland 2005–2011; CFO, SSH Communication Security Corporation, Finland 1999–2005; Director, Finnetcom Oy, Finland 1996–1999. She has been Chairman of the Board of Gasum AS since 2014 and Member of the Board of Tieto Plc since 2016, Evli Bank Plc since 2015 and Finnish Foundation for Technology Promotion since 2014.

Kaisa Olkkonen

Ms. Kaisa Olkkonen has been Independent Director of Cargotec Oyj since March 22, 2016. She is also Member of the Audit and Risk Management Committee at the Company. She has been Chief Executive Officer of SSH Communications Security Oyj since 2017. She holds Master of Legal Letters degree. She was employed by Nokia Corporation: Vice President, Government Relations 2012–2016; Vice President, EU Representative Office, Corporate Relations and Responsibility 2010-2012; Vice President, Legal and IP, Services 2008–2010; Vice President, Legal, Multimedia 2004–2007; held various leadership positions at Nokia Mobile Phones 1999–2004. She has been Chairman of the Board of SSH Communications Security Oyj (2016), Member of the Board: Enfo Oyj since 2016, John Nurminen Foundation since 2017, Finland-China Trade Association, Finland 2012–2016, Finnish Centre for New Enterprises, Finland 2012–2016, Digital Europe (the European ICT sector trade association) 2012–2016; Advisor: Morelex Oy since 2014 and 3D Bear Oy since 2016. She has also been Board member, Finnish Information Security Cluster ry since 2017, Chair, Business Europe Internal Market Committee 2015–2016 and Vice Chair, Digital Economy Commission of the International Chamber of Commerce (ICC) 2012–2016.

Teuvo Salminen

Mr. Teuvo Salminen has been Independent Member of the Board of Directors of Cargotec Oyj since March 5, 2010. He also serves as Chairman of the Company's Audit and Risk Management Committee. Mr. Salminen was Advisor at CapMan Plc (2010-2011). Previously, he also worked for Poyry Plc (1985-2009) and held such roles as Group Executive Vice President, Deputy to the President and Chief Executive Officer (1999-2009), Head of Infrastructure & Environment Business Group (1998-2000), Head of Construction Business Group (1997-1998), Chief Financial Officer (1988-1999) and Manager of Finance and Accounting (1985-1988). He was Vice Chairman of the Board of CapMan Plc from 2005 until 2013 and Member of the Board between 2001 and 2005. He also served as Member of the Board of YIT Corporation (2001-2009, 2014-2016). He has been Chairman of the Board of Glaston Corporation since 2018 (Vice Chairman 2014-2018 and Member since 2010), Chairman of Havator Oy since 2010 and T2H Oy hall pj since 2018, as well as Vice Chairman of Poyry Plc since 2016 (Member since 2015) and Member of the Boards of Evli Bank Plc since 2010, 3Step It Group Oy since 2016 and Holiday Club Resorts Oy since 2015. Mr. Salminen holds Master of Science degree in Economics and APA exam (1983).

Heikki Soljama

Mr. Heikki Soljama has been Independent Director of Cargotec Oyj since March 22, 2016. He holds Master of Science degree in Power Electronics. He was employed by ABB Group 1980–2015: Group Senior Vice President, ABB Ltd. Switzerland 2010–2015; Group Senior Vice President, ABB China Ltd. 2006–2010; Group Senior Vice President, ABB Oy, Finland 2003–2005; COE Manager, Cruise and Ferry, ABB Oy, Finland, 1995–2003. He has been Member of the Board of Koja Yhtiot Oy since 2016, Koja Oy since 2016 and Aker Arctic Technology Oy since 2018.

Hanna-Maria Heikkinen