Konecranes has announced the appointment of Marko Tulokas as its new President and CEO, effective from 1 June 2025.

Tulokas will take over from Anders Svensson, the current President and CEO, who will leave the company on 19 July 2025. Until his departure, Svensson will serve as an advisor to facilitate a seamless transition process.

Tulokas, currently serving as Business Area President of Industrial Equipment, is also part of the Konecranes Leadership Team. He joined the company in 2004 and has held various senior leadership roles both in Finland and internationally. Tulokas possesses a Master of Science in Engineering and an MBA.

Konecranes chair of the board of directors Pasi Laine said: “Konecranes has over the past years successfully strengthened its position as a global leader in material handling solutions.

“I am very pleased to announce the appointment of Marko Tulokas, who has extensive experience and knowledge of Konecranes’ people, customers, technology and offering, and the material handling industry overall.

He is in an excellent position to continue building success and executing strategy on this solid foundation together with the Konecranes Leadership Team and the entire personnel,”

Tulokas said: “I feel humble but also excited about the opportunity to lead this great company and to continue working with my colleagues, our customers, suppliers and other stakeholders.

“I’m grateful for the support and trust placed in me by the Board of Directors, and I take my appointment as a vote of confidence for the entire Konecranes team.

“Our business model has proven to be resilient in today’s turbulent world, and I’m confident about our success also in the future.”

Laine added: “I want to already at this stage thank President and CEO Anders Svensson, who has done excellent work in leading Konecranes. During his tenure, the company has updated its strategy, improved its financial performance and generated value for its shareholders.”