Wärtsilä's Board of Directors has appointed Mr Jaakko Eskola (57) MSc (Eng.), as the new President and CEO of Wärtsilä Corporation.
He will assume the position on 1 November 2015, succeeding Mr Björn Rosengren, who will become the CEO of Sandvik, a global engineering group based in Sweden.
Wärtsilä Marine Solutions
Currently Mr Eskola is President of Wärtsilä Marine Solutions, Senior Executive Vice President and Deputy to the CEO. Mr Eskola joined Wärtsilä in 1998 with a background in international project and corporate finance. He has since worked as Managing Director of Wärtsilä Development and Financial Services, Vice President for Sales and Marketing in the Power Plants business and since 2006 as the head of the Marine Solutions business. He is currently based in Shanghai, China.
Wärtsilä has started a process to appoint a successor for Mr Eskola to head the Marine Solutions business.