Caverion Corporation Stock exchange release September 27, 2016 at 9:01 a.m. EEST
Caverion appoints Ari Lehtoranta as Group President and CEO

The Board of Directors of Caverion Corporation has appointed Ari Lehtoranta (b.
1963), M.Sc. (Eng.), as the new President and CEO of Caverion Corporation. He
will assume the new position on January 1, 2017.

Ari Lehtoranta is currently President and CEO of Nokian Tyres plc. He has
previously worked as Executive Vice President, Central and North Europe, at KONE
Corporation. Lehtoranta has been a member of the Board of Caverion Corporation
since 2013, and the Chairman of the Board since 2015.

“Ari Lehtoranta has a strong background in business development and especially
in the service and project business. He has a fantastic track record in driving
continuous growth and improving profitability in an international business
environment. As a leader, Ari is an open and charismatic person, who is able to
build strong teams in which expertise meets the organisation’s development
needs,” says Michael Rosenlew, Vice-Chairman of the Board of Caverion
Corporation. “The Board is convinced that Lehtoranta is the best possible person
to lead Caverion into the future. Having been a member of the Board since 2013
and its Chairman since 2015, Ari is thoroughly familiar with the company, its
strategy and operational challenges”, Rosenlew concludes.

“I have been committed to developing Caverion on its Board of Directors, and am
now proud to take the helm in leading the company to the next phase. Caverion
has every opportunity to become the industry leader; the company’s service
portfolio and industry knowledge are great and it has made rapid progress in
digitalisation. Next, we need to establish a leadership and organisational model
and a business culture that support the service and project business in the best
possible way. Closer cooperation with our customers is also a critical success
factor. This is something I want to make happen together with the company’s
17,000 employees,” says Ari Lehtoranta.

The CV and the photo of Ari Lehtoranta are available on Caverion’s website at


Caverion will arrange a conference call for analysts, investors and media on
September 27, 2016, at 16:00 p.m. (Finnish Time, EEST). The call can be accessed
by calling +44 (0)20 7026 5967. Participant code for the conference call is


Distribution: Nasdaq Helsinki, principal media,
For further information:

Michael Rosenlew, Vice Chairman of the Board; please contact Päivi Alakuijala,
VP, Marketing and Communications, tel. +358 40 8400 251,

Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328,
Caverion designs, builds, operates and maintains user-friendly and energy
-efficient technical solutions for buildings, industries and infrastructure. Our
services and solutions are used in commercial and residential buildings and on
industrial and public sector properties, as well as in processes, ensuring
business continuity, safety, healthy and pleasant surroundings, optimal
performance and cost management. Our vision is to be a leading European provider
of advanced and sustainable life cycle solutions for buildings and industries.
Our strengths include technological expertise and comprehensive services,
covering all technical disciplines throughout the entire life cycles of
properties and industrial plants. Our revenue in 2015 was approximately EUR 2.4
billion. Caverion has over 17,000 employees in 12 countries in Northern, Central
and Eastern Europe. Caverion’s shares are listed on Nasdaq
Helsinki. (, @CaverionGroup
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