Shipbuilding. Energy. Transport

On-line supplement
to the Maritime Market magazine

Shipbuilding. Energy. Transport Maritime Market magazine

Press Release

Wärtsilä appoints Björn Rosengren President and CEO as of 1 September 2011

123Wärtsilä's Board of Directors has appointed Mr Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, who will retire.

Currently Mr Rosengren works as Senior Executive Vice President Atlas Copco AB and as Business Area President for Atlas Copco Construction and Mining Technique, and is based in Shanghai, China.

Mr Rosengren has held several management positions in the Swedish industrial group Atlas Copco since 1998. Prior to that, he led the hydraulic company Nordhydraulic, Nordwin AB, and worked for the welding company Esab Group.

"Björn Rosengren has a strong industrial background, with solid results of continuous growth and increasing profitability in the global business environment", says Antti Lagerroos, Chairman of Wärtsilä's Board of Directors. "Björn has a charismatic and open management style, and the Board is convinced that Wärtsilä is well positioned to pursue its strategy of profitable growth under his leadership."

"I am proud to lead Wärtsilä, a world leader in sustainable power solutions and services for the marine and energy markets. Everywhere, Wärtsilä has a strong reputation for high quality and leading technology in power generation," says Björn Rosengren. "I look forward to further developing the business together with all of its employees."

For further information, please contact:
Mr Antti Lagerroos
Chairman of the Board of Directors
Wärtsilä Corporation
Tel +358 50 5654401


Please see Wärtsilä Corporation /Wärtsilä Vostok, LLC (WRU)/ company electronic office

For more information, please contact:
Mirja-Maija Santala
Media Manager
Wärtsilä Corporation
Tel. +358 (0)400 793 827

Wärtsilä Vostok, LLC (WRU)
Tel/Fax: +7 812 448-32-48

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