CYJBY - Cargotec Corporation

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Cargotec Corporation

Porkkalankatu 5
PO Box, 00501
Helsinki 00180
358 2077 74000

Full-time employees11,640

Key executives

NameTitlePayExercisedYear born
Mr. Casimir Lindholm M.B.A., M.Sc., M.Sc. (Econ.), MBAPres & CEO65.68kN/A1971
Mr. Mika Vehvilainen HSEAdvisor1.72MN/A1961
Mr. Mikko Puolakka M.Sc.(Econ.)Exec. VP & CFON/AN/A1969
Mr. Aki VesikallioVP of Investor RelationsN/AN/AN/A
Ms. Camilla OrkoVP of Ethics & ComplianceN/AN/AN/A
Ms. Outi AaltonenSr. VP, Gen. Counsel & Sec.N/AN/A1965
Mr. Mikko PelkonenSr. VP of HRN/AN/A1970
Mr. Stephen FosterSr. VP of Fin.N/AN/AN/A
Mr. Mikael Laine M.Sc. (Econ.)Sr. VP of StrategyN/AN/A1964
Mr. Michel van Roozendaal EMBA, M.Sc.Pres of KalmarN/AN/A1963
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 USD.


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 June 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.