Changes in Wärtsilä's management
Wärtsilä Corporation, Company announcement, 1 September 2014 at 9.30 am EET
The following appointments have been made in the management of Wärtsilä
Mr Rakesh Sarin (59), B.Sc. (Eng.), has been appointed President of Power
Plants, Executive Vice President and member of the Board of Management of
Wärtsilä Corporation, effective 1 September 2014. In this position, he is
responsible for Wärtsilä's Power Plants business globally, and will report to
President & CEO Mr Björn Rosengren.
Mr Sarin joined Wärtsilä in 1998 with a background in downstream oil & gas
sector. During the past 16 years he has held several managerial positions in
Wärtsilä, including Vice President for sales & marketing of Power Plants
globally based out of Helsinki. Since 2008 Mr Sarin has held a dual role as
Vice President for Power Plants sales in Middle East, Asia and Australia, and
Managing Director for Wärtsilä India.
Mr Vesa Riihimäki (48), M.Sc. (Eng.), who currently heads the Power Plants
business, has been appointed Vice President, Wärtsilä Quality, effective 1
September 2014. He will be responsible for the quality of Wärtsilä's products,
solutions and processes globally. In his new position Mr Riihimäki will report
to Mr Pierpaolo Barbone, President, Services & Executive Vice President,
Wärtsilä Corporation. He succeeds Mr Paolo Tonon, who leaves Wärtsilä to become
Vice President, Head of Maritime Technology, at Maersk.
Mr Riihimäki joined Wärtsilä in 1992, and has gained extensive experience from
project engineering, project management, and developing various technologies in
Wärtsilä's portfolio. He has led the Power Plants business since 2009.
"These appointments mark our strong focus on customer-centricity and industry-
leading quality. I am convinced that these changes support our targets for
growth and profitability, and I am certain that Rakesh and Vesa have the perfect
qualifications and experience for living up to the challenges
ahead. I also want to thank Paolo for his outstanding work, and wish him the
best of success in developing maritime technologies", says President and CEO
Photo of Mr Rakesh Sarin
Photo of Mr Vesa Riihimäki
For further information, please contact:
President, Power Plants & Executive Vice President
Tel: +91 99999 89500
Vice President, Quality
Tel: +358 40 504 5929
Executive Vice President, Communications & Branding
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 2013, Wärtsilä's net sales totalled EUR 4.7 billion with approximately
18,700 employees. The company has operations in more than 200 locations in
nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX
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