Cargotec’s Executive Board Member Resigns

Cargotec has announced that Eric Nielsen, member of Cargotec’s Executive Board and President of MacGregor business area will resign from Cargotec with immediate effect due to personal reasons.

President and CEO Mika Vehviläinen will take over as interim President of MacGregor. The recruitment process for a new head of MacGregor business area will start immediately. Eric Nielsen joined Cargotec in September 2013.

From 12 June 2014 the members of Cargotec’s Executive Board are President and CEO Mika Vehviläinen, Executive Vice President and Chief Financial Officer Eeva Sipilä, Senior Vice President, Strategy Mikael Laine, Senior Vice President, Human Resources Mikko Pelkonen and business area Presidents Olli Isotalo (Kalmar) and Roland Sundén (Hiab). Senior Vice President, General Counsel Outi Aaltonen acts as Secretary to the Executive Board.