WRTBY - Wärtsilä Oyj Abp

Other OTC - Other OTC Delayed Price. Currency in USD

Wärtsilä Oyj Abp

Hiililaiturinkuja 2
Helsinki 00180
Finland
358 1070 90000
http://www.wartsila.com

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees19,225

Key Executives

NameTitlePayExercisedYear Born
Mr. Jaakko EskolaCEO, Pres & Member of Board of ManagementN/AN/A1958
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
Ms. Päivi CastrénExec. VP of HR & Member of Board of ManagementN/AN/A1958
Mr. Roger Holm MSc (Econ.)Exec. VP, Member of the Board of Management & Pres of Marine SolutionsN/AN/A1972
Amounts are as of 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.

Description

Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas, multi-fuel, and liquid fuel power plants; and seals, bearings, and related equipment for the hydropower and tidal, and a range of industrial sectors. It also provides ballast water management systems; high pressure air and gas compressors, and CNG refueling station solutions; communication, and safety and security systems; and automation, dredge control and monitoring, integrated bridge control, and measurement and control technologies. It also provides electric propulsion and drives; power generation and distribution systems; navigation, automation, and communication systems; dynamic positioning, safety, and security solutions; and entertainment systems. In addition, the company offers dual fuel, diesel, and low-speed engines, as well as generating sets and auxiliary systems; architectural lighting, audio, broadcast, digital signage, dynamic lighting, and LED display systems; exhaust gas cleaning systems; single stage desalination systems and multi stage flash evaporators; and gas cargo handling, gas recovery, LNG, fuel gas handling, and tank control systems. Further, it provides inert gas systems; hybrid and integrated solutions; gears, propellers, propulsion control systems, rudders, thrusters, and waterjets; shaft generator and shore connection systems; centrifugal, deepwell, firefight, seawater lift, and gas fuel pumps, as well as pump room systems and valves; sonars and naval acoustics; and wet and dry products, as well as designs ferry, fishing, merchant, offshore, tug, and other vessels. Additionally, the company offers electrical and automation, 2 and 4-stroke engine, environmental, seal and bearing, hydro and tidal, industrial, propulsion, and other services. It serves merchant vessels, gas carriers, cruise and ferry, navy, and special vessels segments. The company was founded in 1834 and is headquartered in Helsinki, Finland.

Corporate Governance

Wärtsilä Oyj Abp’s ISS Governance QualityScore as of April 1, 2019 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 1; Compensation: 1.

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.