Changes in Cargotec’s Leadership Team
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 16 MAY 2022 AT 9:30 AM (EEST)
Changes in Cargotec’s Leadership Team
As previously announced in March, Cargotec will shift Kalmar’s focus towards mobile solutions aiming for higher financial performance through sustainability and profitable growth. Cargotec is also planning to combine Kalmar Mobile Solutions and Kalmar Automation Solutions strategic business units to create a unified Kalmar. Michel van Roozendaal (M.Sc. Aerospace Engineering; MBA INSEAD, b.1963), currently President of Kalmar Mobile Solutions, has been selected to lead the planning.
Antti Kaunonen, President of Kalmar Automation Solutions, has decided to retire on 1 July 2022. Following Mr. Kaunonen’s retirement, Mr. van Roozendaal will assume his responsibilities. Mr. van Roozendaal will also continue in his current role and report to the President and CEO Mika Vehviläinen.
“I’m confident that Michel with his broad industry and leadership knowledge is the right person to lead Kalmar to its next development phase. He joined Cargotec in 2015 and has been heading first MacGregor and more recently Kalmar Mobile Solutions while delivering continuous business results. I also want to thank Antti for his contribution for Kalmar over the past seven years. Under his leadership, Kalmar has taken major steps in electrification, automation and digitalisation,” says Cargotec’s CEO Mika Vehviläinen.
“It is a fabulous opportunity to lead Kalmar into the new era of sustainable material handling. We are committed to continuing serving our customers in five different continents across the various industries and providing them with industry shaping electric, robotic and digital solutions,” says Michel van Roozendaal.
For further information, please contact:
Carina Geber-Teir, SVP Communications, tel. +358 40 5024 697
Aki Vesikallio, Director, Investor Relations, tel. +358 40 729 1670
Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec has signed United Nations Global Compact Business Ambition for 1.5°C. The company's sales in 2021 totalled approximately EUR 3.3 billion and it employs around 11,000 people. www.cargotec.com
Attachments
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
JDE Peet’s signs MOUs with Honduras, Peru and Rwanda to combat coffee-related deforestation18.4.2024 08:10:00 CEST | Press release
PRESS RELEASE Amsterdam 18 April 2024 JDE Peet’s (EURONEXT: JDEP) has expanded its global effort to combat coffee-related deforestation by signing three Memoranda of Understanding (MOUs) with Peru, Honduras and Rwanda. This not only ensures continued access to the European market for smallholder farmers upon implementation of the EU Deforestation Regulation (EUDR), but crucially also fosters climate change resilience for coffee, which is imperative to ensuring that JDE Peet’s’ customers and consumers have continued access to a diversity of high-quality coffee products. JDE Peet’s has already signed MOUs to combat deforestation with Ethiopia, Papua New Guinea, Tanzania and Uganda. Honduras, Peru and Rwanda are committed to implementing JDE Peet’s’ innovative strategy to ensure all coffee is EUDR compliant, including the identification of coffee plots grown on land deforested after the 2020 cut-off date. A mutually agreed protocol will ensure that any coffee found to be in contravention
Pharming Group announces the launch of an offering of approximately €100 million convertible bonds due 2029 and the concurrent repurchase of the outstanding €125 million convertible bonds due 202518.4.2024 08:00:00 CEST | Press release
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. Pharming Group N.V. launches new convertible bond offering and simultaneously invites holders of its outstanding €125 million 3.00% convertible bonds due 2025 to offer their convertible bonds for purchase for cash Leiden, the Netherlands, 18th April, 2024: Pharming Group N.V. ("Pharming" or the "Company") (Euronext Amsterdam: PHARM) launches today the issue of approximately €100 million senior unsecured convertible bonds due 2029 (the “New Bonds”) convertible into new and/or existing ordinary shares in the capital of the Company (the “Shares”) and concurrently invites current holders of its outstanding €125 million 3.00% convertible bonds due 2025 to submit offers to sell for cash. The New Bonds are expected to be issued on 25th April 2024 (the “Issue Date”) and to carry a coupon of 4.50% per a
AS Tallink Grupp will hold an Investor Webinar to introduce the results of the first quarter of 202418.4.2024 08:00:00 CEST | Press release
All shareholders and other stakeholders are invited to join the webinar, scheduled to take place on 25April 2024 at 12:00 (EET).The webinar will be held in English. The financial results will be presented by the Chairman of the Management Board Paavo Nõgene and the members of the Management Board Margus Schults and Harri Hanschmidt. We kindly ask participants to provide their questions before the webinar, latest by 11:00 am on 25April, by e-mail to: investor@tallink.ee. Due to time constraint, preference will be given to questions submitted in writing before the webinar. How to join the webinar? The webinar will be hosted on the Microsoft Teams platform. Please note that to participate, no prior registration is required, and no reminder of the webinar will be sent. To participate, please join the webinar on25April 2024 at 12:00 (EET) via the following link. As there is no prior registration needed and no reminder of the webinar will be sent, we recommend that allinterested parties mark
Vallourec progresses its holistic balance sheet refinancing with successful pricing of its 2032 Senior Notes offering18.4.2024 07:30:00 CEST | Press release
Vallourec progresses its holistic balance sheet refinancing with successful pricing of its 2032 Senior Notes offering Meudon (France), April 18, 2024 – Vallourec S.A., (the “Company” and, together with its subsidiaries, the “Group”), a world leader in premium tubular solutions, announces today that it has successfully priced an offering of Senior Notes due 2032 (the “Notes”) in an aggregate principal amount of $820 million, which will be issued at par and will bear interest at a rate of 7.500% per annum. The offering of the Notes is expected to close on April 23, 2024, subject to customary closing conditions. Upon completion, the proceeds from the offering of the Notes will be used, together with cash on hand, to (i) fund the redemption of the Company’s €1,023.4 million in aggregate principal amount of 8.5% senior notes due 2026 (the “Existing Notes”) and pay accrued and unpaid interest thereon, (ii) repay approximately €68 million outstanding under the Company’s existing state-guarant
Aspocomp’s Interim Report January 1 – March 31, 2024: Net sales and operating result decreased from the comparison period18.4.2024 07:00:00 CEST | Press release
Aspocomp Group Plc, Interim Report, April 18, 2024, at 8:00 a.m. (Finnish time) FIRST QUARTER 2024 HIGHLIGHTS Net sales EUR 6.2 (8.9) million, decrease of 30%Operating result EUR -1.6 (0.3) million, -25.9% (3.8%) of net salesEarnings per share EUR -0.24 (0.04)Operative cash flow EUR -2.0 (1.6) millionOrders received EUR 7.5 (13.7) million, decrease of 45%Order book at the end of the review period EUR 11.8 (19.1) million, decrease of 38%Equity ratio 64.5% (72.9%) OUTLOOK FOR 2024 Inflation and interest rates, weak economic development, the uncertainties posed by Russia’s war of aggression and the situation in the Middle East, and global trade policy tensions will affect the operating environment of Aspocomp and its customers in the 2024 fiscal year. The company estimates that the demand in the Semiconductor segment will gradually recover starting from the first half of 2024, while at the same time unloading high inventory levels in various parts of the value chain. In order for investme