Cargotec Corporation (0MGH.IL)

73.97 +1.00 (+1.37%) At close: 07:14PM BST

Cargotec Corporation

Porkkalankatu 5
PO Box, 00501
Helsinki 00180
Finland
358 2077 74000
https://www.cargotec.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 11,745

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Casimir Lindholm M.B.A., M.Sc., M.Sc. (Econ.)	Pres & CEO	61.25k	N/A	1971
Mr. Mika Vehvilainen HSE	Advisor	1.61M	N/A	1961
Mr. Mikko Puolakka M.Sc.(Econ.)	Exec. VP & CFO	N/A	N/A	1969
Mr. Aki Vesikallio	VP of Investor Relations	N/A	N/A	N/A
Ms. Camilla Orko	VP of Ethics & Compliance	N/A	N/A	N/A
Ms. Outi Aaltonen	Sr. VP, Gen. Counsel & Sec.	N/A	N/A	1965
Mr. Mikko Pelkonen	Sr. VP of HR	N/A	N/A	1970
Mr. Stephen Foster	Sr. VP of Fin.	N/A	N/A	N/A
Mr. Mikael Laine M.Sc. (Econ.)	Sr. VP of Strategy	N/A	N/A	1964
Ms. Carina Geber-Teir M.Sc.	Sr. VP of Communications	N/A	N/A	1972

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Cargotec Corporation provides cargo handling solutions and services worldwide. It operates in three segments: Kalmar, Hiab, and MacGregor. The Kalmar segment offers cargo handling equipment and automated terminal solutions, software, and support services for ports, terminals, distribution centers, and heavy industry. Its product portfolio includes straddle and shuttle carriers, reach stackers, empty container handlers, terminal tractors, and forklift trucks; maintenance contracts, technical support, spare parts, training, equipment modernization services, and digital solutions; and Bromma spreaders. The Hiab segment provides load handling equipment under the HIAB, EFFER, and ARGOS brands; forestry and recycling cranes under the LOGLIFT and JONSERED brands; truck mounted forklifts under the MOFFETT and PRINCETON brands; skip loaders and hook lifts under the MULTILIFT brand; tail lifts under the ZEPRO, DEL, and WALTCO brands; ProCare services; HiVision crane operating systems; and HiConnect platform. The MacGregor segment offers maritime cargo and load handling products, services, and solutions. Cargotec Corporation was incorporated in 2005 and is headquartered in Helsinki, Finland.

Corporate governance

Cargotec Corporation’s ISS governance QualityScore as of 1 October 2023 is 8. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.