Change in Caverion’s Group Management Board: Head of Division Industrial Solutions will be replaced

Caverion Corporation Stock exchange release June 21, 2017 at 9.00 a.m. EEST

Change in Caverion’s Group Management Board: Head of Division Industrial Solutions will be replaced 

Sakari Toikkanen (born 1967, Lic (Tech.) has been appointed as Head of Division Industrial Solutions of Caverion Corporation as of June 21, 2017. He will assume the position until a new permanent head of division is hired. The recruitment process will be launched immediately.

Sakari Toikkanen is currently Head of Strategy & IT & Communications of Caverion Corporation and a member of the Group Management Board. He will continue also in this position and report to President & CEO Ari Lehtoranta in both roles.

The current Head of Division Industrial Solutions Erkki Huusko will continue in specific tasks in the company over the next few months and report to Sakari Toikkanen.

“By recruiting a new head of division we seek to boost our industrial client segment which plays an important role for Caverion’s success.  Caverion currently holds a strong position in industrial services particularly in Finland, and our aim is to get a stronger foothold also in other Caverion countries. I thank Erkki for his contribution in building our Industrial Solutions division,” says President & CEO Ari Lehtoranta.

The CV and photo of Sakari Toikkanen are available on Caverion’s website at http://www.caverion.com/investors/corporate-governance/management-board 

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, key media, www.caverion.com

For further information:

Ari Lehtoranta, President and CEO; please contact Päivi Alakuijala, VP, Marketing and Communications, tel. +358 40 8400 251, paivi.alakuijala@caverion.com

Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings, industries and infrastructure. Our services and solutions are used in commercial and residential buildings and on industrial and public sector properties, as well as in processes, ensuring business continuity, safety, healthy and pleasant surroundings, optimal performance and cost management. Our vision is to be a leading European provider of advanced and sustainable life cycle solutions for buildings and industries. Our strengths include technological expertise and comprehensive services, covering all technical disciplines throughout the entire life cycles of properties and industrial plants. Our revenue in 2016 was approximately EUR 2.4 billion. Caverion has about 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki. www.caverion.com, Twitter: @CaverionGroup

About Us

Caverion provides smart technical solutions and services for buildings, industrial processes and infrastructure. Our unique service offering covers the entire life cycle: design, build and maintenance. Our vision is to be the first choice in digitalising environments for customers, employees, partners and investors. Our revenue in 2018 was approximately EUR 2.2 billion. Caverion has about 15,000 employees in 10 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki. www.caverion.com Twitter: @CaverionGroup

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Head of Division Industrial Solutions will be replaced
Change in Caverion’s Group Management Board