YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
YIT Corporation Stock Exchange Release 9 December 2024 at 9:30 a.m.
Antti Inkilä, EVP, Housing segment, is leaving YIT and will pursue his career outside the company. He leaves YIT on 31 December 2024.
"Antti’s contribution to YIT’s residential construction has been immensely important, and he has made a significant career in the company. I warmly thank Antti for his leadership and achievements for YIT over more than 30 years. I wish Antti all the best for the future,” said Heikki Vuorenmaa, President and CEO, YIT.
YIT announced in November 2024 that to enhance focus and transparency and to accelerate the speed of strategy execution in the residential operations, the Housing segment will be divided into two separate operating segments and renamed to Residential Finland and Residential CEE.
YIT has appointed Heikki Vuorenmaa as interim leader of the Residential Finland segment and CFO Tuomas Mäkipeska as interim leader of the Residential CEE segment in addition to their own position. The search for a permanent leader to the Residential Finland segment begins immediately. YIT started the search for a leader of the Residential CEE segment already earlier.
Members in the YIT Group Management Team from 1 January 2025:
Heikki Vuorenmaa, President and CEO; interim EVP, Residential Finland segment;
Peter Forssell, EVP, Building Construction segment;
Juha Kostiainen, EVP, Urban Development and ESG;
Aleksi Laine, EVP, Infrastructure segment;
Tuomas Mäkipeska, CFO, interim EVP, Residential CEE segment; Deputy to the President and CEO
Jennie Stenbom, EVP, People and Culture
For more information:
YIT Group Communications, tel. +358 44 743 7536, press@yit.fi
YIT Corporation
Heikki Vuorenmaa
President and CEO
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT is a leading construction and development company. Building on over 110 years of experience, we develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, and infrastructure to support the green transition. We employ approximately 4,300 professionals in eight countries. Our revenue in 2023 was EUR 2.2 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
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