Change in the YIT Management Team: Pasi Tolppanen to leave YIT

YIT Corporation Stock Exchange Release 29 March 2023 at 8:00 a.m.

Change in the YIT Management Team: Pasi Tolppanen to leave YIT

Pasi Tolppanen, EVP, Infrastructure segment, has decided to leave YIT and pursue his career outside of the company. He leaves YIT on 29 March 2023.

”Pasi has strengthened the focus and productivity of the Infrastructure segment. He has done an excellent job in leading the organisation and its demanding alliance projects. I warmly thank Pasi for his valuable contribution to the company and wish him every success in the future,” said Heikki Vuorenmaa, President and CEO, YIT Corporation. 

YIT’s Board of Directors has appointed Aleksi Laine, SVP, Traffic Infrastructure at YIT as the interim leader of the Infrastructure segment and a member of the YIT Group Management Team as of 29 March 2023. The search for a permanent leader starts immediately.

For further information:

Maija Taimi, SVP, Communications, YIT Corporation, tel. +358 50 487 1561, maija.taimi@yit.fi

YIT Corporation

Heikki Vuorenmaa
President and CEO

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT is the largest Finnish and a significant North European development and construction company. We develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, infrastructure for smooth mobility, and renewable energy solutions to benefit the climate. We employ around 5,000 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2022 was EUR 2.4 billion. YIT Corporation's share is listed on Nasdaq Helsinki. Read more: www.yitgroup.com