Cargotec Names New Senior VP Strategy

Cargotec has appointed Mikael Laine to the role of Senior Vice President, Strategy, as of 7 April 2014. He will be a member of the Executive Board and reports to President and CEO Mika Vehviläinen.

Mikael Laine, M.Sc. Econ, (b. 1964), comes most recently from Moventas Group, one of the world’s leading industrial and wind gear manufacturers, where he held the position of President and CEO. Prior to that he was SVP, Business Development and Corporate Functions in Moventas. Laine has led strategic and financial operations in several positions in Sonera Corporation, and he has held senior executive positions in various IT and telecom companies.

“Mikael has a strong industrial background and a long experience in strategic development. He has a wide and versatile financial expertise and his deep understanding from the IT and telecom industry brings us added insight as our industry is moving towards digitalisation. Due to these, among other things, we felt that Mikael is a perfect choice for the task,” says Mika Vehviläinen.

“My international working experience and versatile career offer possibilities to introduce new ideas to the development of Cargotec’s operations. I look forward to start working in Cargotec,” says Mikael Laine.

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Press Release, February 14, 2014