Cargotec merges Hiab and Kalmar

Olli Isotalo continues to head the Marine business as Executive Vice President. Pekka Vauramo heads the Industrial and Terminal business as Senior Executive Vice President.

The new Industrial and Terminal organisation includes Product solutions with the responsibility of global product offering competitiveness, Service Solutions with the responsibility of global service offering competitiveness, and three regional organisations with the responsibility of sales and service: Americas, Asia-Pacific and EMEA.

Cargotec has appointed three new members to its Executive Board: B.Sc. Mech. Eng. Unto Ahtolahas been appointed Executive Vice President, Product Solutions. His starting date with Cargotec will be announced later.  M.Sc. Nav. Arch; M.Sc. Mgmt Stefan Gleuel has been appointed Executive Vice President, Service Solutions as of 1 October 2009. Stefan Gleuel has worked for Cargotec for over ten years, currently as Senior Vice President, MacGregor Service Division.
B.Sc. Mech. Eng. Ken Loh has been appointed Executive Vice President, Asia-Pacific as of 1 October 2009. Ken Loh has worked for Cargotec since 1989, currently as President, Kalmar APAC Region.

The head of the Industrial and Terminal business in Americas will be appointed in the near future. Industrial and Terminal business in EMEA has been led by Harald de Graaf since July 1st 2009, as Cargotec announced previously.

The new organization will be further developed and operational during the last quarter of 2009. Until that the current business area structure will be in place. External financial reporting will continue unchanged through 2009.