President of PowerTech Lars Hellberg to leave Wärtsilä

Wärtsilä Corporation, Stock exchange release 25 June 2013 at 17:00 UTC+2

Mr Lars Hellberg, President of PowerTech, Executive Vice President and member of the Board of Management has announced he will leave Wärtsilä to become the President & CEO of Fortaco Group, a Finnish industrial manufacturer. Mr Hellberg will leave Wärtsilä at the latest in mid-December 2013. Wärtsilä has started the process to appoint a successor for him.

“I want to thank Lars for his commitment in enhancing Wärtsilä’s position as a globally recognized technology leader during the past nine years. I wish him the best of success with his new challenges,” President and CEO Björn Rosengren says.

For further information, please contact:

Lars Hellberg
President, PowerTech & Executive Vice President
Wärtsilä Corporation
Tel: +358 10 709 5280  

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.