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Cargotec boss Lindholm becomes CEO of Meyer Turku

Change in the management of Meyer Turku: Casimir Lindholm takes over as CEO from Tim Meyer.

Lindholm, currently still Managing Director of Cargotec, will join the company in May. This is the second new appointment within a few weeks.

Tim Meyer, who is still Managing Director, will join the company’s Management Board as Deputy Chairman. According to a press release, the change is part of a planned generational change, in the course of which Bernhard Meyer recently handed over the chairmanship of the Management Board to Jaakko Eskola.

Lindholm heads the Helsinki-based logistics company Cargotec and was previously CEO of the Finnish companies Eltel and Lemminkäinen, among others. He holds a Master of Science in Economics and a degree in Business Administration.

“In Casimir, we have found an exceptional leader with many years of experience in various industries such as construction,” said Eskola, who himself only recently moved from Wärtsilä to Meyer Turku. He had already worked with Lindholm in the past.

Lindholm’s appointment an “important step”

Lindholm said he was “honored” to start in this role at Meyer Turku. “I look forward to working with the talented shipyard team to drive the future success of the shipyard and the entire Finnish shipbuilding ecosystem.”

His appointment is an “important step”, according to the company. “The increasing complexity of the business and products requires them to delegate their operational responsibilities in order to devote more time to the family business strategy,” it said.

Tim Meyer himself looks back positively on his time as Managing Director. “Meyer Turku has found its way out of the global crisis and is now on a solid financial footing,” he said. “We are pleased to announce the next step in the development of our family business. In my role as Vice Chairman, I will have more time to focus on the strategic development of the shipyard and our other family businesses. Together with Jaakko Eskola, my main task will be to ensure that Meyer Turku pursues a long-term competitive strategy with a continuous focus on sustainability. Meyer Turku is very important to us as the company is 100% family owned.” The Papenburg site is currently in financial difficulties and has been partially nationalized.

Over the past ten years, Meyer and his brother Jan have come to appreciate the culture and the people in Finland, as well as the “impressive shipbuilding culture”. He wished his successor Lindholm all the best for his start.

Stable financial basis for Meyer Turku

Jaakko Eskola concludes: “I would like to take this opportunity to thank Tim. He took over responsibility for the shipyard in the middle of the Covid-19 crisis and now, after a series of remarkable global challenges, leaves his role as CEO of a shipyard on an improved financial footing and with promising future prospects.”

Since Meyer Group’s involvement in Finland, Meyer Turku has been led first by Jan (2014-2020) and then by Tim Meyer (2020-2025). After the takeover of the Korean company STX, annual turnover quadrupled – from €500 million to €2 billion. The Meyer Group invested over €300 million in the Turku site. To date, one large cruise ship has been delivered there every year, including the “Icon of the Seas“, one of the largest and most complex cruise ships in the world, in 2023.

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Copyright: © Meyer Turku

Caption: Casimir Lindholm, CEO of Meyer Turku from May 1 (© Meyer Turku)