Change in the YIT Management Team: Peter Forssell appointed EVP, Business Premises at YIT

Change in the YIT Management Team: Peter Forssell appointed EVP, Business Premises at YIT

YIT has appointed Peter Forssell (M.Sc.) as Executive Vice President, Business Premises segment and member of the Group Management Team starting 1 January 2024. He has been the interim leader of the Business Premises segment and member of the management team since 18 October 2023.

Peter Forssell has worked at YIT Group since 1997 and has had a significant role in the development and growth of the company’s international operations. Before his appointment as the interim leader of the Business Premises segment, he was heading the Business Premises business in CEE countries.

"Peter has strong experience and a proven track record of building our businesses outside of Finland and has proven himself as a values-driven and innovative leader. Prior to taking up his interim role a few months ago, he has successfully led the Business Premises segment's business in Central and Eastern European countries and contributed to our growth in the region. I am confident that Peter will bring his customer focus, expertise and vision to the role and help us to succeed in the execution of our strategy," said Heikki Vuorenmaa, CEO, YIT Corporation.

CV Peter Forssell
Born 1969

Education:
M.Sc. (Construction Business and Management)

Primary work experience
YIT Corporation: Interim EVP, Business Premises segment, 2023

YIT Finland Ltd: Senior Vice President, CEE Business Premises 2018–2023; Vice President, Business Premises, CEE 2014–2018; Sales Director 2010–2014

Various positions at YIT Corporation, 1997–2010

Further 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 the largest Finnish and a significant North European development and construction company. We develop and build sustainable living environments: functional homes, future-proof public and commercial buildings and infrastructure for smooth mobility. We employ around 5,000 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2022 was EUR 2.4 billion. YIT Corporation's share is listed on Nasdaq Helsinki. Read more: www.yitgroup.com