18.07.2014 Stock exchange release

Thomas Lundin appointed to the Management Board of Caverion Corporation

Mr. Thomas Lundin (54) has been appointed as Group Executive Vice President and CEO of Division Sweden and member of the Group Management Board of Caverion Corporation. He will report to the President and CEO of Caverion Corporation Fredrik Strand. Lundin will start in his new position on January 15, 2015 at the latest.

Thomas Lundin is moving to Caverion from G4S Secure Solutions, Sweden, where he has worked in various executive positions since 2009, most recently as Managing Director Sweden. During this period he e.g. led a turnaround of the company into profitable business. Thomas Lundin has over 12 years of experience in Managing Director positions, previously from Bravida Fire & Security, Scandinavia and Slovakia (2008−2009) and Synerco AB, Sweden and Norway (2002−2007).

Mr. Lundin has graduated from Stockholm School of Economics (IFL Executive Education, International Executive Program) and from IHM Business School in Sweden (Business Administration and Economics). He also holds degrees from Swedish National Police Academy (Law Enforcement, Political Science and General Law) and National Defence College (Information and IT Security).

“I have been privileged to be in charge of several significant transformation projects in Scandinavian service companies during the past 10 years. Caverion is in a very interesting phase of becoming a genuine service company, and I am very excited to take up this new role,” states Thomas Lundin.

“I am very pleased that Mr. Lundin has accepted our offer to join Caverion. He brings along great leadership skills and proven experience in transforming and developing a successful service organisation. We are happy to welcome Mr. Lundin to our company,” says Fredrik Strand, the President and CEO of Caverion Corporation.

Caverion’s current Managing Director for Division Sweden Ulf Kareliusson will continue in his position until retirement, after which Mr. Lundin will take up his position.

For additional information please contact: 

Merja Eskola, Senior Vice President, Human Resources, tel. +358 40 744 0990, merja.eskola@caverion.fi.

Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328, milena.haeggstrom@caverion.fi

The CV and the photo of Thomas Lundin are available on Caverion's website at www.caverion.com/investors.

CAVERION CORPORATION

Distribution: NASDAQ OMX, principal media, www.caverion.com

Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings and industries. Our services are used in offices, retail properties, housing, public premises, industrial plants and infrastructure, among other places. We aim to be a leading European provider of advanced and sustainable life cycle solutions. Our strengths include technological competence and comprehensive services, covering all technical disciplines throughout the life cycle of the property and industrial plant. Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013. Our revenue for 2013 amounted to approximately EUR 2.5 billion. Caverion has nearly 18,000 employees in 13 countries in Northern and Central Europe. Caverion’s shares are listed on NASDAQ OMX Helsinki. www.caverion.com

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