New leadership team for Hiab

Cargotec’s Board of Directors has approved the appointment of a new leadership team for the company as of 1 April 2025 consisting of the current Hiab leadership team members.

Hiab’s new iQ. 1388 HiPro made its debut at the IAA Show in Hannover, Germany, on 20 September 2022. (Photo: Hiab)

The appointments are conditional upon the successful completion of Cargotec’s transformation project.

Cargotec’s Board of Directors will propose that the company’s name will be changed from Cargotec to Hiab (standalone Hiab) once the transaction to sell the MacGregor business has been closed.

As the name change enters into force, the current President and CEO of Cargotec, Casimir Lindholm, and the current leadership team of Cargotec would step down from their current positions.

As of 1 April 2025, the company’s leadership team would consist of:

• President and Chief Executive Officer (CEO), Scott Phillips
• Executive Vice President (EVP), CFO, Mikko Puolakka
• President, Loader Cranes, Heavy and Superheavy, interim Marcel Boxem
• President, Services, Michaël Bruninx
• President, Demountables and Defence, Hermanni Lyyski
• President, Truck Mounted Forklifts, Barry McGrane
• President, Tail Lifts, Martin Saint
• President, Loader Cranes, Light and Medium, Magdalena Wojtowicz-Tokarz
• Executive Vice President (EVP), Business Excellence and Sustainability, Sanna Ahonen
• Executive Vice President (EVP), HR, Ghita Jansson-Kiuru
• Executive Vice President (EVP), Marketing and Communications, Birgitte Skade
• Executive Vice President (EVP), General Counsel, Taina Tirkkonen
• Executive Vice President (EVP), Business Operations Development, interim Scott Phillips

The appointments of Scott Phillips as the President and CEO of Standalone Hiab and the current Cargotec CFO Mikko Puolakka as CFO of Standalone Hiab were announced in 2024.

Cargotec chair, Ilkka Herlin, said, “The leadership team of standalone Hiab consists of very experienced and knowledgeable industry leaders, who have extensive background in Hiab and its operations. The team has done excellent work over the past years, and I’m confident that the company’s progress and results will further improve going forward.”

Herlin added, “Cargotec’s transformation project, including listing Kalmar as a separate company, preparing Hiab for its standalone future and finding a solution for MacGregor, has progressed according to the plan and targets set by the Board in 2023. This transformation has been a remarkable and a very well managed journey.”