Stein Ivar Hellestad appointed new Business Unit President for Skanska Norway

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Skanska has appointed Stein Ivar Hellestad as new Business Unit President for Skanska Norway. Stein Ivar steps into his new position as of today.

“Stein Ivar is a values-driven leader with a commercial mindset, who has played a decisive role in Skanska Norway’s development and performance over the last years. With over 20 years in the industry, including 13 years in Skanska Norway's management team, he has all the prerequisites to continue to develop the business”, says Ståle Rød, Executive Vice President, Skanska Group.

Stein Ivar Hellestad currently holds the position as Chief Financial Officer for Skanska Norway and since January 1st, 2023, also acting BUP Skanska Norway.

“Our strategy and commercial direction is clear with continued strong focus on profitability in the Construction stream. Stein Ivar has extensive experience and a proven track record as a successful leader with a clear focus on further strengthening our performance in the Norwegian market. I look forward to working closer with Stein Ivar in his new role”, says Anders Danielsson, President and CEO, Skanska Group.

In his new position, Stein Ivar Hellestad will report to Ståle Rød. The process of finding a successor for the role as CFO for Skanska Norway has started.

For further information please contact:

Audun Lågøyr, EVP Communications, Skanska Norway, tel +47 93 45 25 31

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2022 revenue totaling SEK 162 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

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