New President and CEO appointed

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Wärtsilä’s Board of Directors has appointed Mr Björn[ds_preview] Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of the Finnish engine manufacturer. He will assume the position on 1st 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.«