John Zhu appointed President of Wärtsilä in C...

Wärtsilä Corporation, Press release, October 27, 2008 at 15:00
Chinese time

Mr John Zhu has been appointed President of Wärtsilä China, Ltd. as
of January 1st, 2009.

John Zhu has significant experience in leading and developing
industrial business operations, his most recent appointment having
been as Country Manager for Eaton Truck & Bus Components in Shanghai,
China, a position he has held since 2005. Eaton Corporation is a
diversified industrial manufacturer headquartered in the USA. He has
also held other managerial positions in the automotive industry and
in the consultancy business, both in China and in the USA.

Mr Clas-Eirik Strand, the current President of the company, will
retire on February 28th, 2009, when he reaches his retirement age.

Wärtsilä has been present in China since 1986 through its fully owned
subsidiary, Wartsila China Ltd, and through long-term license
agreements. During recent years, Wärtsilä has begun the production of
propulsion and engines at its subsidiary and joint venture companies'
plants. In 2007, Wärtsilä opened a large new reconditioning workshop
in Shanghai. Altogether, the company currently has approximately 1600
employees in its subsidiary and joint venture companies, located in
Shanghai, Dalian, Guangzhou, Beijing, Hong Kong, Panyu, Wuxi,
Zhenjiang and Qingdao.

For more information, please call:

Mr Atte Palomäki, Group Vice President, Communications, tel. +358 40
547 6390
Mr Lars Hellberg, Group Vice President, Industrial Operations, +358
40 572 9488

Link to picture


Wärtsilä Corporation in brief:
Wärtsilä enhances the business of its customers by providing them
with complete lifecycle power solutions. When creating better and
environmentally compatible technologies, Wärtsilä focuses on the
marine and energy markets with products and solutions as well as
services. Through innovative products and services, Wärtsilä sets out
to be the most valued business partner of all its customers. This is
achieved by the dedication of more than 17,000 professionals manning
160 Wärtsilä locations in 70 countries around the world. Wärtsilä is
listed on The Nordic Exchange in Helsinki, Finland.
www.wartsila.com


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