Wärtsilä Corporation, stock exchange release, 30 September 2020 at 13:00 EEST
Wärtsilä appoints Håkan Agnevall as next President and CEO
Wärtsilä's Board of Directors has appointed Håkan Agnevall, born 1966, M.Sc. (Tech), MBA, as the new President and CEO for Wärtsilä Corporation. Mr Agnevall will commence in his role no later than in April 2021. He will succeed Jaakko Eskola, who will continue as a senior advisor to the Board and executive team until he retires on June 30, 2021. 
Håkan Agnevall is currently President of Volvo Bus Corporation within Volvo Group, a position he has held since 2013. In the decade prior to that he held various leadership positions in Bombardier and in ABB, gaining valuable experience in sales, production, project management, research and development, as well as in lifecycle services globally.
"Håkan Agnevall, a highly appreciated leader, has a proven record of developing organisations and businesses with a strong focus on customers, technology, and people. His experience within the Volvo Group on pioneering electrification and autonomous vehicles will strengthen our activities in corresponding areas", says Tom Johnstone, Chairman of the Board of Wärtsilä Corporation. "Håkan has the skills needed to accelerate Wärtsilä's activities in supporting and enabling our marine and energy customers on their journey towards more sustainable operations and business models."
Håkan Agnevall comments: "I am eagerly looking forward to joining Wärtsilä and its team of highly skilled and committed professionals. I believe that Wärtsilä can make a real difference for its stakeholders and the society through innovation, focusing on sustainability and operational performance. The technology trends in clean energy, automation, and connectivity offer exciting new business opportunities, and Wärtsilä is very well placed to be a leading player in the marine and energy markets of the future."
"On behalf of the Board I want to take this opportunity to sincerely thank Jaakko for his considerable contribution during his 22 years with the Group. During his leadership of Wärtsilä as President & CEO over the last five years, Wärtsilä has developed into a smart technology company for the marine and energy markets", says Tom Johnstone.
Wärtsilä Corporation
Board of Directors
For further information, please contact:

Tom Johnstone
Chairman of the Board of Directors
Wärtsilä Corporation
Tel +358 10 709 5282

Atte Palomäki
Executive Vice President, Communications & Branding
Wärtsilä Corporation
Tel +358 10 709 5599
atte.palomaki@wartsila.com

For investor information, please contact:

Natalia Valtasaari
Vice President, Investor Relations
Tel: +358 10 709 5637
natalia.valtasaari@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä's net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com