LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 10.12.2009 AT 08:00
MANAGEMENT CHANGE AT LEMMINKÄINEN BUILDING CONSTRUCTION
Lemminkäinen's Building Construction business sector is to have a new leader.
Mr. Jukka Terhonen, M.Sc.(Eng.), b. 1954, has been appointed as the head of the
business sector and Managing Director of Lemminkäinen Talo Oy. Mr. Terhonen's
appointment becomes effective on 10 December 2009. He will report to President
& CEO Timo Kohtamäki and will be a member of Lemminkäinen Group's Executive
The present head of Lemminkäinen's Building Construction business sector, Mr.
Juha Nurmi, will be leaving the Group.
Jukka Terhonen has served as the Managing Director of Lemminkäinen's local
subsidiary in Tampere, Rakennustoimisto Palmberg Oy, since 2001. He joined
Lemminkäinen from YIT Corporation, where he was the head of the company's
building construction division.
"We have launched a strategic change process, 'one united Lemminkäinen', with
the aim of simplifying our corporate structures and improving the efficiency of
our business practices. We will strive to ensure that Lemminkäinen and the
services we offer are made more easily accessible to our customers. The
Building Construction business sector has a key role to play in this change
process. Jukka Terhonen has a wealth of expertise and experience in building
construction and, for example, in renovation construction, which is one of our
strategic focus areas. I warmly welcome him to our Executive Board," says the
President & CEO of Lemminkäinen Group, Mr. Timo Kohtamäki.
Jukka Terhonen's photograph and career details can be found on Lemminkäinen's
website at www.lemminkainen.com
President & CEO Timo Kohtamäki
Tel. +358 2071 53263
NASDAQ OMX Helsinki Ltd
Lemminkäinen Group operates in all areas of the construction sector. The
Group's business sectors are building construction, infrastructure
construction, technical building services, and building products. Net sales in
2008 were approx. EUR 2.5 billion, of which international operations accounted
for over a quarter. The Group employs about 9,000 people. Lemminkäinen
Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com