Cargotec appoints new president and CEO
10 February 2023Casimir Lindholm named as president and CEO of Cargotec corporation, effective 1st April 2023.
Cargotec's Board of Directors has appointed Casimir Lindholm as the company’s new president and CEO, effective 1 April 2023; until then Cargotec’s current president and CEO Mika Vehviläinen will hold his position.
Lindholm has held CEO positions before, both at the Swedish communication and power network group Eltel and at Finnish construction company Lemminkäinen Group.
He has been a member of Cargotec's Board of Directors since 2021 although, due to his appointment, he will no longer be available for re-election in Cargotec’s AGM on 23 March 2023.
“I’m honoured and excited to be leading Cargotec at such a pivotal moment in the company’s history, with a strong foundation and a clear vision into its next development phase of growth as we have communicated before,” Lindholm said. “With a talented team, a strong portfolio of businesses with decision making close to customers, and a commitment to sustainability and profitable growth, I believe that the company is in an excellent position to create value by empowering our businesses even further in the years to come.”
Mika Vehviläinen was appointed as Cargotec CEO in 2013. Cargotec announced on 20 December 2022, that Mr. Vehviläinen had informed the Board of his intention to retire from Cargotec during 2023, in accordance with the terms of his CEO service contract and that Cargotec’s Board of Directors had initiated a search for a successor for the CEO Mika Vehviläinen. Mr. Vehviläinen will remain at the disposal of the Board of Directors as an advisor until the end of February 2024, after which he will retire.
