Wärtsilä Corporation Financial statements bulletin 2015

Changes in management

Wärtsilä’s Board of Directors appointed Mr Jaakko Eskola (57) M.Sc. (Eng.) as the new President and CEO of Wärtsilä Corporation. He assumed the position on 1 November 2015, succeeding Mr Björn Rosengren who left the company to become the CEO of Sandvik.

Mr Roger Holm (43) M.Sc. (Econ.) was appointed President of Marine Solutions, Executive Vice President and a member of the Board of Management, effective from 1 November 2015.

Mr Pierpaolo Barbone (58) M.Sc. (Eng.) was appointed Deputy to the CEO as of 1 November 2015. He assumed this responsibility in addition to his existing position as President of Services, Executive Vice President.

Mr Javier Cavada Camino (40) Ph.D. (Eng.) was appointed President of Energy Solutions, Executive Vice President and a member of the Board of Management, effective from 4 November 2015. The previous President of Energy Solutions, Mr Rakesh Sarin (60), retired having reached his statutory retirement age earlier in the year.

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