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Wärtsilä has promoted Magdalena Granö, project management director in Wärtsilä’s marine business, to CEO of Wärtsilä Finland Oy, effective May 1, 2026. She will continue in her current role alongside the new position.
Wärtsilä Finland Oy, the Finnish subsidiary of Wärtsilä, announced today that Granö succeeds Hannu Mäntymaa, who will transition to global sales director for the marine business, the Finland-based provider of technologies and lifecycle solutions for the marine and energy sectors announced today.
This marks the second management team hire at Wärtsilä this year, besides legal expert Nora Steiner-Forsberg, according to Listeds data.
Wärtsilä, which has more than doubled its share price in the past 12 months, reported a 16% increase in operating result last year. It expects improving demand in its Energy and Energy Storage segments, while Marine demand is projected to remain stable over the next 12 months, per its 2025 earnings bulletin.
Granö has held several leadership roles in supply chain and customer deliveries at Wärtsilä since 2013. Prior to that, she worked in sourcing and logistics roles at Nokia, IKEA, and Vacon, now part of Danfoss.
“We are in a very exciting phase. Wärtsilä has a strong market position and a solid foundation for sustainable growth. Over the past eight years, Wärtsilä has invested more than €400 million in Vaasa, including a €140 million investment announced in February to expand capacity and the global supply chain. We are now focused on successfully executing these investments and delivering on our commitments to customers and shareholders,” Granö said.
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