Leif S. Gustafsson to be president of YIT Sverige AB

Leif S. Gustafsson to be president of YIT Sverige AB

On this day, YIT Sverige AB’s Board of Directors has appointed Leif S. Gustafsson, 39 years old, B.Sc. (Civ. Eng.), as the company’s new president. He is the successor of Kari Kallio, who will become the president and CEO of Ramirent. The Board of Directors also appointed Håkan Bergkvist as the company’s executive vice president. Bergkvist will stay on as the director of the company’s piping systems division.

Leif S. Gustafsson currently serves as the director of YIT Sverige AB’s electrical systems division. From 2000 onwards, Gustafsson was the director of the ABB Contracting AB division in the Stockholm area. In 2003, he was appointed as the director of YIT’s Swedish electrical systems division, responsible for the entire Sweden-wide regional network. Among other positions, Gustafsson has previously served as the managing director of Alfa Skop Teknik AB. He also has experience of the construction business from his time in the employ of Skanska and BPA. Leif S. Gustafsson is married and has two children.

"Leif S. Gustafsson will continue Kari Kallio’s work, focusing on maintaining profitable growth in Sweden. Following the realignments carried out last year, YIT Sverige AB has seen robust development and improved its profitability," says Juhani Pitkäkoski, president of YIT Building Systems.

 YIT CORPORATION

 Veikko Myllyperkiö Vice President, Corporate Communications

 For  additional information, contact: President Juhani Pitkäkoski, YIT   Building   Systems  Ltd,  tel.  +358   400   51644,    email: juhani.pitkakoski@yit.fi

 Distribution: Helsinki Stock Exchange, principal media, www.yit.fi