The Board of Cargotec Corporation decided to establish a new external Demerger Committee consisting of Pekka Ala-Pietilä, Teresa Kemppi-Vasama and Tapio Kolunsarka to support listing readiness preparations. Teresa Kemppi-Vasama and Tapio Kolunsarka will continue to serve as members of the Cargotec Board. The Demerger Committee will oversee the preparations for listing readiness and corporate governance matters for the potential standalone Kalmar.

Furthermore, the Board of Directors of Cargotec has, as part of the demerger planning and listing readiness decided to strengthen the Presidency of Kalmar. The Board has agreed with Michel Van Roozendaal that he will step down as President of Kalmar and as member of Cargotec leadership team effective immediately. The Board has therefore decided to appoint Cargotec President and CEO Casimir Lindholm to also act as interim President of Kalmar as of until the search for a permanent CEO of Kalmar has been completed as part of the planned demerger process.

as part of this change in Kalmar leadership, Mikael Laine, SVP Strategy, will act as interim COO of Kalmar business area, in addition to his current role. As of 1 July 2023, Sakari Ahdekivi was appointed to serve as the CFO of Kalmar.