Kalmar appoints Craig Jessup as Senior Vice President, Services

CARGOTEC CORPORATION, PRESS RELEASE, 11 FEBRUARY 2015 AT 9 AM (EET)

Craig Jessup has been appointed Senior Vice President, Services in Kalmar, part of Cargotec.

Craig joins Kalmar from Ingersoll Rand where he headed the Industrial Technologies parts and services business for Europe, Middle East, Africa and India. Before Ingersoll Rand, Craig worked 21 years at ABB where he held a variety of leadership positions in the service business and was in charge of the global Services business of ABB's Robotics division as VP Customer Service as well as the Worldwide Head of Service Technology.

Craig, who has both US and French citizenships, has lived and worked in several countries, including the USA, Canada, France, the UK, Belgium and the Netherlands. He has a degree in Mechanical Engineering from the University of Cincinnati, USA and holds an MBA from INSEAD, France. Craig will be based in Rotterdam, the Netherlands.

"Craig brings with him in-depth experience and an excellent track record from the global services business. Driving the services offering development and growth is one of the strategic focus areas in Kalmar. It is also a key area for Kalmar to realise the benefits of digitalisation. I want to warmly welcome Craig to the Kalmar team," says Olli Isotalo, President, Kalmar.

"Kalmar's global reach, local presence and strong heritage as a manufacturer of high-quality equipment put us in an unrivalled position in the cargo handling industry. I am excited to continue driving Kalmar's service offerings to new levels to help our customers optimise their business performance," says Craig Jessup.

Further information for the press:

Olli Isotalo, President, Kalmar, tel. +358 204 777 4111

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's sales totalled 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