The Board of Directors of YIT Corporation has today appointed Juhani Pitkäkoski
(50), LL.M., as the President and CEO of YIT Corporation. He is the President of
YIT's largest business segment Building Systems and has been employed by YIT
Corporation since 1988. Kari Kauniskangas (34), M.Sc. (Eng.), B.Sc. (Econ.) has
been appointed as Executive Vice President and Deputy to the President and CEO.
He will continue as head of International Construction Services business segment
and he has been employed by YIT Corporation since 1997. The appointments are
effective immediately.
The purpose of the Board of Directors' decision is to focus the Group management
close to the operative business and emphasize the business segments' role as a
response to the changes in the business environment.
The former President and CEO Hannu Leinonen will resign from YIT Corporation. |
