Jaakko Eskola, 57, MSc (Eng.), becomes the new President and CEO of Wärtsilä Corporation while the Senior Vice President of Google Mr. Sundar Pichai becomes CEO of Google.
Jaakko Eskola succeeds Björn Rosengren, who will in the future be the CEO of Sandvik, a global engineering group based in Sweden. Jakko resumes office from 1st November 2015. He is the current President of Wärtsilä Marine Solutions, Senior Executive Vice President and Deputy to the CEO.
1998 – Joined Wärtsilä as Managing Director of Wärtsilä Development and Financial Services, Vice President for Sales and Marketing in the Power Plants business.
2006 – Appointed as the head of the Marine Solutions business.
Wartsila has started to search a new head for Marine Solutions business.
Mikael Lilius, Chairman of Wärtsilä’s Board of Directors, commented, “I wish to thank Björn Rosengren for steering Wärtsilä towards profitable growth in challenging markets during the past four years. Today the Wärtsilä brand is well positioned, and our broad offering gives us competitive edge going forward.”
“With focus on energy efficiency and innovation Wärtsilä is extremely well positioned in its markets,” said Eskola. “I am thrilled and honored to lead the company as it shapes the industry with advanced technology and lifecycle solutions. As a global team, we will enhance our customers’ business and benefit the environment.”
“Jaakko Eskola has an outstanding track record from his 17-year long career in Wärtsilä. The Board is confident that his global experience, deep understanding of the market dynamics, open management style and commitment to the Wärtsilä culture will lead us to continued success.”
With this kind of track record Wartsila expects a 5-10 percent growth in its net sales and 12.0-12.5 percent increase in operational profitability.
Founder and CEO of Google Mr. Larry Page will become Chief Executive of Alphabet Inc, Google’s new company with its senior Vice President Sundar Pichai becoming CEO of Google.
Source: Wartsila; BBC