Cargotec has changed the roles of several executives to further implement its marine and terminal business strategy.
In specific, Cargotec aims to grow its marine activities in Asia, especially in offshore, and accelerate the improvement of its terminal business to enable growth.
Chief Operating Officer Pekka Vauramo has been appointed executive vice president for marine, effective Aug. 1. He will continue as deputy to President and Chief Executive Officer Mikael Mäkinen, who will act as head of the marine business from May 14 to Aug. 1.
Olli Isotalo, currently executive vice president for marine, has been appointed executive vice president of terminals, while Unto Ahtola, former executive vice president of terminals, will transfer to a new role as executive vice president concentrating on development projects.
Vauramo, Isotalo and Ahtola will also continue as members of the executive board.
Helsinki-based Cargotec is a manufacturer of marine terminal and shipboard cargo-handling equipment. Its primary brands include Hiab, Kalmar and MacGregor.
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