10.08.2016 Stock exchange release

Change in Caverion’s Group Management Board and Swedish division management

Change in Caverion’s Group Management Board and Swedish division management

Klas Tocklin (52), B. Sc (Eng) has been appointed as Executive Vice President & CEO of Division Sweden and a member of the Group Management Board of Caverion Corporation as of August 10, 2016. He will report to the interim President and CEO Sakari Toikkanen. 

Klas Tocklin has worked in the executive positions in Caverion and YIT since 2006, most recently as Vice President, Managed Services Business Development in the Group Business Development & Marketing at Caverion. He has over 20 years of experience from executive and consultant positions in the building systems industry in ABB, TAC Svenska and EVR & Wahlings.  

"I am very pleased that Mr. Tocklin will take the lead and responsibility of Caverion Sweden operations. He has long experience of managing and developing successful building service and project business especially in Sweden. We warmly welcome Mr. Tocklin to our management team,” says Sakari Toikkanen, the interim President and CEO of Caverion Group.

Thomas Lundin, member of the Group Management Board of Caverion Corporation and  Executive Vice President & CEO of Division Sweden will discontinue his duties in Caverion immediately due to the weak financial performance in Division Sweden. Thomas Lundin has served in his position since November 2014.

The CV and the photo of Klas Tocklin are available on Caverion’s website at http://www.caverion.com/investors/corporate-governance/management-board/klas-tocklin

For further information: 

Sakari Toikkanen, Interim President and CEO; please contact Päivi Alakuijala, VP, Marketing and Communications, tel. +358 40 8400 251, paivi.alakuijala@caverion.com

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, principal media, www.caverion.com

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