Changes in Lemminkäinen's Executive Team

LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 9 JUNE 2014 AT 11:20 A.M.

CHANGES IN LEMMINKÄINEN’S EXECUTIVE TEAM

Lemminkäinen Corporation’s Executive Vice President, Procurement, Jouni Pekonen leaves the company as of 9 June 2014. As a result of its Deliver 2014 programme and the divestment of Technical building services, Lemminkäinen has decided to reorganise its procurement, which led to Pekonen’s departure.

"Effective procurement still plays an essential role in improving Lemminkäinen’s competitiveness. With Pekonen’s lead procurement has been developed systematically and profitably during the recent years. At this stage of the company’s development, we have decided that business segments will be responsible for procurement and purchases," says interim President and CEO Berndt Brunow.

Executive Vice President Harri Kailasalo will be responsible for the development of procurement and realization of cost savings in the Group Executive Team.

M.Sc. (Tech.) Jouni Pekonen was appointed Executive Vice President, Procurement, and member of the Executive Team at Lemminkäinen in 2012.

LEMMINKÄINEN CORPORATION
Corporate Communications  

ADDITIONAL INFORMATION:
Berndt Brunow, Chairman of the Board of Directors, interim President and CEO
Lemminkäinen Corporation
Tel. +358 2071 54524
 

DISTRIBUTION:
NASDAQ OMX Helsinki
Key media
www.lemminkainen.com

Together with our customers we create conditions that make living, working and travelling functional, safe and healthy. We operate in northern Europe and employ about 7,800 professionals. In 2013, our net sales were about EUR 2.2 billion. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com