Cargotec appoints Casimir Lindholm as President and CEO
(Posted on 06/02/23)
Cargotec's Board of Directors has appointed Casimir Lindholm as Cargotec's new President and CEO as of 1 April 2023, until which Cargotec’s current President and CEO Mika Vehviläinen will hold his position.
Mr. Lindholm has held CEO positions both in Eltel and Lemminkäinen and many board memberships, bringing a wealth of experience to Cargotec. Casimir Lindholm has been a member of Cargotec's Board of Directors since 2021, and due to his appointment, he will no longer be available for re-election in Cargotec’s AGM on 23 March 2023.
“I’m honored 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. 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,” says Casimir Lindholm.
“Casimir is a seasoned leader as a listed company CEO with a proven track record of reshaping businesses. His membership in Cargotec’s Board is an advantage providing profound knowledge and understanding of Cargotec’s business and strategic direction. The work to develop the company to its full potential continues and the Board of Directors is confident that under Casimir’s leadership, Cargotec will continue to drive value for our shareholders and customers. Additionally, I would like to express our gratitude to our retiring CEO Mika Vehviläinen for his leadership and outstanding contributions to our business,” says Jaakko Eskola, Chair of the Board of Directors
The remuneration of Cargotec CEO consists of a fixed monthly salary, fringe benefits, and performance-based incentive programs in line with Cargotec’s remuneration policy. The CEO’s retirement age is in accordance with the applicable legislation.
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.
Latest News
Smart Ship Hub expects breakthrough year for digitalisation in 2026
(Posted on 23/12/25)Leading vessel performance platform Smart Ship Hub says the industry should expect a breakthrough year... Read more
Accelerating zero-carbon shipping in the Nordics
(Posted on 18/12/25)The Nordic countries are taking an important step towards decarbonising maritime transport with the... Read more
Steelpaint appoints ADD Marine to drive growth in Greece and Cyprus
(Posted on 18/12/25)Germany’s Steelpaint has appointed ADD Marine as its representative for Greece and Cyprus, strengthening... Read more
Rio Tinto’s first Pilbara-made rail car built by Gemco in Karratha
(Posted on 09/12/25)Rio Tinto’s first Pilbara-made iron ore rail car has rolled off the production line in Karratha... Read more
Electric Liebherr portal crane strengthens Baria Serece, Vietnam
(Posted on 04/12/25)Precision meets progress at Phu My Port, Vietnam. The LPS 550 has been deployed to handle bulk commodities... Read more
bound4blue targets Asian growth with new production capabilities
(Posted on 02/12/25)bound4blue, a global leader in wind propulsion systems, has expanded its industrial footprint in Asia... Read more
DNV: Methanol as marine fuel at high readiness level
(Posted on 02/12/25)As the industry explores multiple decarbonisation pathways, methanol is gaining attention as a practical... Read more
Repeat Aasen bulk carrier order emphasises Wärtsilä hybrid strength
(Posted on 24/11/25)Technology group Wärtsilä will supply an integrated hybrid propulsion system for a bulk carrier... Read more
Superior bring big iron and bigger ideas
(Posted on 24/11/25)Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more
ESL connectivity upgrade enables smarter operations and supports crew wellbeing
(Posted on 15/11/25)ESL Shipping has taken a significant step forward in digitalisation by deploying a new multichannel... Read more
