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Puolakka named new CFO of Cargotec

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World Coal,

As of 1 May 2016, Mikko Puolakka, M.Sc. (Econ.), (b. 1969) will take on the role of Cargotec's Chief Financial Officer (CFO). He will be a member of the Executive Board and report to CEO Mika Vehviläinen.

Cargotec's current CFO Eeva Sipilä is to take up the position of CFO at Metso Corp. in the beginning of August.

Puolakka previously held the positions of CFO at Outotec Oyj and CFO at Elcoteq SE, as well as several financial management positions in Elcoteq and in the Huhtamaki Group.

"I warmly welcome Mikko to Cargotec. He brings with him a solid experience in wide-scale financial leadership and development. I expect a strong contribution from him to the company strategy execution and to further development of our financial processes," said Cargotec's CEO Mika Vehviläinen.

"Cargotec's global business, the further development of financial management and the possibility to participate in a central role to the realisation of company targets will make my work particularly interesting. I am excited to join Cargotec, a company that is a recognised leader in its field," commented Puolakka.

Edited from press release by Harleigh Hobbs

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