MacGregor appoints Zhengyu Li (Frank) as Vice President, Head of China business

MacGregor appoints Zhengyu Li (Frank) as Vice President, Head of China business

ID: 421649

(Thomson Reuters ONE) -


CARGOTEC CORPORATION PRESS RELEASE, 22 SEPTEMBER 2015 AT 11 AM (EEST)

MacGregor develops operations in China and strengthens its organisation by
appointing Zhengyu Li (Frank) as Vice President, Head of China as of 1 October
2015. Mr Li drives the development of MacGregor business in the most important
market in the marine industry. He will be a member of the MacGregor Group
Executive Team and based in Shanghai.

Mr Li has over 25 years of international business experience, during which he
has held various leadership positions in successful global companies like
General Electric and Caterpillar in the Asia Pacific region. He joins MacGregor
from Caterpillar, where his last role has been Innovation Director.

"We are very happy to welcome Mr Li to MacGregor. I am convinced that his long
and valuable industry experience will contribute to our success in China," says
Michel van Roozendaal, President, MacGregor.


For more information please contact:
Michel van Roozendaal, President, MacGregor
Minna Karhu, Vice President, Communications, MacGregor


MacGregor shapes the offshore and marine industries by offering world-leading
engineering solutions and services with a strong portfolio of MacGregor,
Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and
operators are able to optimise the lifetime profitability, safety, reliability
and environmental sustainability of their operations by working in close
cooperation with MacGregor.

MacGregor solutions and services for handling marine cargoes, vessel operations,
offshore loads, crude/LNG transfer and offshore mooring are all designed to
perform with the sea. www.macgregor.com

MacGregor is part of Cargotec. Cargotec's sales totalled approximately EUR 3.4
billion in 2014 and it employs approximately 11,000 people. Cargotec's class B




shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV.
www.cargotec.com



Photo of Zhengyu Li (Frank):
http://hugin.info/135578/R/1953477/710848.jpg



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Cargotec Corporation via GlobeNewswire
[HUG#1953477]




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Bereitgestellt von Benutzer: hugin
Datum: 22.09.2015 - 10:00 Uhr
Sprache: Deutsch
News-ID 421649
Anzahl Zeichen: 2789

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