New head for MacGregor business

Cargotec has appointed Eric Nielsen as president of its MacGregor marine crane and hatch cover business area.

Prior to his appointment, Nielsen was executive vice president of corporate development at Joy Global, a supplier of large scale mining equipment. He has also held senior executive positions in Terex Corporation and at Volvo Construction Equipment.

In his new role Nielsen will be a member of the executive board and will report to Mika Vehviläinen, president and CEO.

Mika Vehviläinen said, "MacGregor is heading towards new challenges, and it is time to bring in new executive management to accelerate the growth and renewal. Eric has a strong track record within global machinery and engineering as well as in enhancing performance and growing business. His international background and experience in the Scandinavian and Asian business world demonstrate his excellent capabilities to respond to changing customer demands.”

Eric Nielsen said, "I am very excited to join the MacGregor team and work together with the talented and dedicated members of our global organisation. I strongly believe that there are opportunities and new innovations that will take our performance to even higher level.”