01.12.2017 Stock exchange release

Change in Caverion's Group Management Board: Juha Mennander appointed as Head of Market Operations

Juha Mennander, born 1965, M.Sc. (Tech.), has been appointed as Head of Market Operations and a member of the Group Management Board of Caverion Corporation as of January 1, 2018. He will report to Ari Lehtoranta, President and CEO of Caverion. 

Caverion is renewing its structure of Group functions in the beginning of next year to better support the implementation of the new strategy launched in November. Juha Mennander is joining the Management Board and has been appointed as Head of Market Operations as of 1 January 2018. At the same time Sakari Toikkanen's responsibilities with Group functions will end, and he will focus on managing the Industrial Solutions division on a full-time basis.

One of the must-wins in Caverion's strategy is Excellent customer experience, which Juha Mennander will be managing. He will take over the management of the Marketing and Communications, Sales Development and Procurement. In this connection, CFO Martti Ala-Härkönen will assume the responsibility for Information Technology. Additionally, Mennander will later assume the responsibility for implementing selected group-wide organisational change projects.  

Juha Mennander is currently the Managing Director of KONE France. He has a long international career with KONE where he has managed companies in Scandinavia, Canada and Poland, among other things.

“We have selected Excellent customer experience as one of the must-wins in our strategy, and Juha will be assuming responsibility for this area. Juha's task will also contain many other customer-facing and supplier-facing duties, the latter of which has special importance for us. His long experience with KONE creates a great foundation for developing Caverion together with our business units and divisions. Juha has a strong track record of managing organisational change,” says Ari Lehtoranta, President and CEO.

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

CAVERION CORPORATION

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

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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
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