President of Services Christoph Vitzthum to leave Wärtsilä

Wärtsilä Corporation, Stock exchange release 16 May 2013 at 16:00 UTC+2

Mr Christoph Vitzthum, President of Services, Executive Vice President and member of the Board of Management has announced he will leave Wärtsilä to become the President and CEO of Fazer Group at the latest 15 November 2013.

Wärtsilä has started the process to appoint a successor for Mr Vitzthum to lead the Services business.

“I want to thank Christoph for his achievements in various leading positions during the past 18 years, and most recently for developing the Services into an increasingly stable and profitable business. I wish him the best of success with his new challenges,” President and CEO Björn Rosengren says.

For further information, please contact:

Christoph Vitzthum
President, Services & Executive Vice President
Wärtsilä Corporation
Tel: +358 10 709 5670
Atte Palomäki
Executive Vice President, Communications & Branding
Wärtsilä Corporation
Tel: +358 10 709 5599


Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2012, Wärtsilä's net sales totalled EUR 4.7 billion with approximately 18,900 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.