Wärtsilä announced it has selected Marco Wirén to serve as its CFO and executive vice president, effective August 2013. Wirén will replace Raimo Lind, who is retiring.
Wirén currently serves as executive vice president and CFO of Swedish steel manufacturing firm SSAB, where he has been since 2008.
Wirén says once he comes onboard at Wärtsilä he will focus on contributing to the company’s performance and work to drive value creation.
“We will continuously look for new improvement and investment opportunities that support our strategy, and benefit both the company’s global services network and its industrial footprint,” he says.
Wirén says Wärtsilä has already demonstrated this with previous announcements such as its joint venture with Yuchai Marine Power regarding the manufacture of medium-speed engines in China, as well as the company’s plans to set up a manufacturing facility in Brazil.