Wärtsilä in Italy

Wärtsilä appoints Javier Cavada Camino President of Energy Solutions

  • Stock exchange release
04 November 2015 at 9:00 AM E. Europe Standard Time

Wärtsilä has appointed Mr Javier Cavada Camino (39) PhD (Eng.), as President of Energy Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective 4 November 2015. In this position, he is responsible for Wärtsilä's Energy Solutions business globally, and will report to President & CEO Mr Jaakko Eskola.

Mr Cavada joined Wärtsilä in 2002 and has since held several key management positions in production, research and development, quality, operational development and business operations. Until now, Mr Cavada has the dual role of leading the Services business in South Europe and Africa, as well as Propulsion Services globally.

The current Head of Energy Solutions, Mr Rakesh Sarin (60) retires having reached his statutory retirement age earlier this year.

“Javier Cavada has shown strong results in the demanding posts he has held across the globe. With his wide experience and open management style he is perfectly suited for this position. Under his leadership Energy Solutions can demonstrate unparalleled life-cycle value to our customers,” says Jaakko Eskola, President & CEO of Wärtsilä Corporation.

“I wish to thank Rakesh Sarin for his attention and determination in motivating the Energy Solutions organisation into project execution. We have today a solid and healthy project pipeline, which supports us in reaching our targets,” Eskola continues.

“With our people’s expertise, motivation and innovation spirit I am convinced Wärtsilä is very well positioned to grow and become an even stronger player within the energy market. I am honoured to lead Energy Solutions organisation with the aim to improve our Customers’ business with advanced technology and sustainable solutions,” Javier Cavada comments his appointment.

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