Patria’s Board of Directors has appointed Esa Rautalinko, 56, Master of Science (Economics), as President and Chief Executive Officer of Patria Group. Chief Financial Officer Ville Jaakonsalo has been acting President and CEO since January 2019.
Rautalinko will start in this position 1st of July 2019. He is currently the CEO of Örum Group and has also been Patria’s Chairman of the Board of Directors since November 2018. He has an extensive leadership experience in domestic and international companies and in the boards of several companies and organisations.
Due to this announcement, Petri Vihervuori, member of Patria’s Board of Directors, will be the acting Chairman of the Board of Directors.
“Patria will get a new President and CEO with significant international experience, and a firm and broad knowhow of leading companies successfully. I’m also confident that under his leadership Patria will continue to strengthen its service business’ internationalization strategy and its implementation further. Maintenance, repair and overhaul (MRO) strategy development and further strengthening Patria as one of the top service providers in the world was one of the critical criteria in the CEO recruitment process. I also want to thank Ville Jaakonsalo for his excellent work as acting President and CEO of Patria”, says Vihervuori.
“I’m very excited to step in to the position of President and CEO of Patria Group. Developing Patria further according to its strategy together with the company´s competent personnel and management supported by the Board of Directors, is a great possibility for us all and as a strong cooperating team we can utilize new possibilities as well as tackle challenges in front of us”, says Rautalinko.