Wartsila appoints Bjorn Rosengren as President

   Wärtsilä, a provider of economically and environmentally viable power solutions to the superyacht industry, has appointed Mr Björn Rosengren as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, who will retire.
 
Mr Rosengren will join the Corporation from Atlas Copco where he currently serves as the Senior Executive Vice President of Atlas Copco AB and as the Business Area President for Atlas Copco Construction and Mining Technique. He has been with the Swedish industrial group since 1998. Previous positions have included roles with Nordhydraulic, Nordwin AB and the Esab Group.
 
Antti Lagerroos, Chairman of Wärtsilä's Board of Directors, says of the appointment:

"Björn Rosengren has a strong industrial background, with solid results of continuous growth and increasing profitability in the global business environment. 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."
 
Mr Rosengren has also offered a reaction to the decision:

"I am proud to lead Wärtsilä, a world leader in sustainable power solutions and services for the marine and energy markets. Everywhere, Wärtsilä has a strong reputation for high quality and leading technology in power generation. I look forward to further developing the business together with all of its employees."

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