Joakim Wahlquist has been appointed Chief Financial Officer of the Cavotec Group effective May 1st, 2023. Mr. Wahlquist will join Cavotec on March 8th, 2023 as CFO designate and will replace the current CFO Glenn Withers. Mr. Withers will continue to support Cavotec during his notice period.

Mr. Wahlquist was most recently Senior Advisor to the Group CFO of Scania CV AB. Prior to that Mr. Wahlquist has held Managing Director and CFO positions in different countries and has a long international experience with companies like Scania and EF Education. Mr. Wahlquist is a Swedish citizen and holds a Master of Science and business administration.

Mr. Wahlquist will report to Cavotec Group CEO David Pagels and will be a member of the Cavotec Management Team.