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Industry

New CEO for Milrem LCM

17 May 2018

Finland’s Patria has announced the appointment of a new chief executive to lead Milrem LCM; the Estonian military land systems maintenance, repair and overhaul (MRO) venture in which it acquired a majority stake in 2017.

Ingvar Pärnamäe will lead the company from 1 July 2018. He is currently the chief executive of the Estonian Defence Industry Association and cluster manager of the Estonian Defence and Security Industry Innovation Cluster; roles he has held since October 2016. Prior to that, he was the undersecretary for defence investments within the Estonian Ministry of Defence.

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