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Wärtsilä Oyj Abp (WRTBF)

Other OTC - Other OTC Delayed Price. Currency in USD
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7.380.00 (0.00%)
As of 03:32PM EDT. Market open.

Wärtsilä Oyj Abp

Hiililaiturinkuja 2
Helsinki 00180
358 1070 90000

IndustrySpecialty Industrial Machinery
Full Time Employees17,351

Key Executives

NameTitlePayExercisedYear Born
Mr. Hakan Agnevall M.B.A., M.Sc.Pres, CEO & Member of Management BoardN/AN/A1966
Mr. Arjen Berends M.B.A.CFO, Exec. VP & Member of the Board of ManagementN/AN/A1968
Mr. Kari Hietanen L.L.M., LLMExec. VP of Corp. Relations & Legal Affairs, Sec. and Member of Board of ManagementN/AN/A1963
Mr. Roger Holm MSc (Econ.)Pres of Marine Power, Exec. VP & Member of the Board of ManagementN/AN/A1972
Mr. Atte Palomaki M.Sc. (pol.)Exec. VP of Communications, Branding & Marketing and Member of Board of ManagementN/AN/A1965
Ms. Tamara De GruyterPres of Wartsila Marine Systems, EVP, Head of Portfolio Bus. & Member of Management BoardN/AN/A1972
Mr. Sean P. FernbackPres of Wartsila Voyage, Exec. VP & Member of Board of ManagementN/AN/A1963
Mr. Sushil PurohitPres of Energy, Exec. VP & Member of Board of ManagementN/AN/A1972
Ms. Teija Sarajarvi M.A, M.A.Exec. VP of HR & Member of Management BoardN/AN/A1969
Mr. Tuomas SalosaariChief Information OfficerN/AN/A1976
Amounts are as of December 31, 2004 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company's marine power portfolio includes engines, propulsion systems, hybrid technology, and integrated powertrain systems; marine systems comprising products and lifecycle services related to the gas value chain, exhaust treatment, shaft line, underwater repair, and electrical integrations; voyage solutions consists of bridge infrastructure, cloud data services, decision support systems, and smart port solutions to enable shore-to-shore visibility, as well as builds end-to-end connected digital ecosystem for shipping; and decarbonization energy services include future-fuel enabled balancing power plants, hybrid solutions, energy storage, and optimization technology, such as the GEMS energy management platform. It provides power and propulsion products, such as electrical and power systems, engines and generating sets, propulsors and gears, and shaft line solutions; gas, ballast water management, freshwater generation, waste and wastewater treatment, and exhaust treatment solutions; and voyage and fleet optimization services comprising autonomy, simulation and training, fleet optimization and safety, integrated vessel control systems, port and traffic management, and dynamic positioning services. The company also offers spare parts and field services, technical support, maintenance and repair services, lifecycle upgrades and solutions, and training services. In addition, it provides products and solutions for energy storage, and engine and hybrid power plants. The company serves merchant vessels, gas carriers, cruise and ferry, navy, and special vessels segments; offshore installations and related industry vessels and land-based gas installations; and ship owners, shipyards, and ship management companies. Wärtsilä Oyj Abp was founded in 1834 and is headquartered in Helsinki, Finland.

Corporate Governance

Wärtsilä Oyj Abp’s ISS Governance QualityScore as of May 1, 2022 is 6. The pillar scores are Audit: 3; Board: 5; Shareholder Rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.