Cargotec - Changes board/management/auditors

Antti Kaunonen appointed President of Kalmar

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 30 MAY 2016 AT 12.00 PM EEST

Antti Kaunonen appointed President of Kalmar

Antti Kaunonen, Doctor of Technology and MBA, has been appointed President of
Kalmar, part of Cargotec, as of 1 July 2016. He will report to Mika Vehviläinen,
CEO of Cargotec, and be a member of Cargotec's Executive Board. Kaunonen
currently holds the position of Senior Vice President, Automation and Project
Division in Kalmar.

"Antti has a wide experience of global industrial business and automation. His
background is a great fit with Kalmar's strategy to combine software and
equipment seamlessly together and offer customers solutions that support their
operational performance. I'm pleased to welcome Antti to lead this global team,"
says Mika Vehviläinen, CEO at Cargotec.

Olli Isotalo, President of Kalmar and member of Cargotec's Executive Board will
leave Cargotec to take up the position of CEO of Patria. "Kalmar is in a very
good shape. I want to thank Olli for his magnificent work during his many years
with the corporation and wish him the best of success with his new challenges,"
says Mika Vehviläinen.


More information:
Mika Vehviläinen, CEO, Cargotec, tel. +358 20 777 4000
Leena Lie, SVP, Communications, Cargotec, tel. +358 20 777 4483,
leena.lie@cargotec.com
Maija Eklöf, VP Marketing and Communications, Kalmar, tel. +358 400 809 401,
maija.eklof@kalmarglobal.com

Cargotec (Nasdaq Helsinki: CGCBV) is a leading provider of cargo and load
handling solutions with the goal of becoming the leader in intelligent cargo
handling. Cargotec's business areas Kalmar, Hiab and MacGregor offer products
and services that ensure our customers a continuous, reliable and sustainable
performance. Cargotec's sales in 2015 totaled approximately EUR 3.7 billion and
it employs almost 11,000 people. www.cargotec.com


[HUG#2016400]

Attachments:

Antti_Kaunonen.jpg

CV Antti Kaunonen.pdf