President of Energy Solutions Javier Cavada to leave Wärtsilä

Wärtsilä Corporation, Stock exchange release, 28 June 2018 at 9:30 am EEST

President of Energy Solutions Javier Cavada to leave Wärtsilä

Mr Javier Cavada Camino, President of Energy Solutions, Executive Vice President and member of the Board of Management will leave Wärtsilä to become President & CEO of the London-based energy storage company Highview Power on 30 September 2018 at the latest. Wärtsilä has started the process to appoint a successor for Mr Cavada to lead the Energy Solutions business.

“I want to thank Javier for his fine achievements in various leading positions in Wärtsilä during the past 17 years. The development of the Energy Solutions business has been strong under his leadership, supported by an offering perfectly aligned with the market transition to clean and sustainable energy sources. I wish Javier the best of success with his new challenges,” says Jaakko Eskola, President & CEO of Wärtsilä.

For further information, please contact:

Javier Cavada Camino
President, Energy Solutions & Executive Vice President
Wärtsilä Corporation
Tel: +358 10 709 5297
javier.cavada@wartsila.com

Atte Palomäki
Executive Vice President, Communications & Branding
Wärtsilä Corporation
Tel: +358 10 709 5599
atte.palomaki@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 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 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