Wärtsilä Corporation, Press release, 7 November 2011

Mr James Han has been appointed President of Wärtsilä China as of November 14, 2011.

James Han has extensive experience in the manufacturing industries, taking overall management roles and leading business on Country and Asia Pacific level. For over 15 years he was the Country Manager at Sandvik, the Country Manager at Olin Brass, and the Regional GM Asia Pacific at Outokumpu. Most recently he has been working as an independent consultant in Shanghai.

Mr James Han succeeds Mr John Zhu, who has decided to pursue his career outside Wärtsilä.

Wärtsilä has been present in China for more than 20 years, through its fully owned subsidiary and long-term licensing agreements. To serve the world’s largest shipbuilding region, Wärtsilä has established joint ventures for propeller and auxiliary generating set production with leading Chinese shipbuilding groups and a joint venture for automation services. Wärtsilä also manufactures thrusters at its 100 per cent owned company facilities, while low-speed engines are produced by eight licensees and by a joint venture company.

In the marine market, the leading Chinese shipowners and shipyards are Wärtsilä customers. Wärtsilä Services provides service and maintenance for its customers from eight locations in China, the largest of which is in Shanghai. Including Wärtsilä joint venture companies, there are currently more than 1800 Wärtsilä employees working in China.

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