Etteplan Oyj Stock Exchange Release, November 2, 2023 at 09:00 am EET

Changes in Etteplan Oyj's Group Management Team

Etteplan has decided to consolidate and reorganize its Group management team in order to make its operations more efficient, to bring new technologies more closely into service solutions and to achieve the targets set for the company. In connection with this change Senior Vice President, Operational Excellence group function, Veikko Lamminen will retire during 2024.

Eric Tengstrand M.Sc (Ergonomic Design) has been appointed as the Senior Vice President (SVP) of the Solutions and Technologies group function and a member of Etteplan's Group management team as of January 1, 2024. Tengstrand has worked at Etteplan since 2008, first as a designer and in recent years in various leadership positions, most recently as Vice President in the Technical Communication Solutions service area, responsible for global solution development and as a member of the management team of the same service area. In his new role, Tengstrand will report to President and CEO Juha Näkki.

On January 1, 2024, Etteplan's IT organization, which until now has been part of the Operational Excellence group function, will be merged into the Solutions and Technologies group function. The change aims to especially increase the share of new technologies, such as artificial intelligence, in service solutions and thus bring more added value to customers. From the other operations of the Operational Excellence group function, the project office will be transferred to the service areas, and the quality functions will be transferred to the Solutions & Technologies group function.

"I warmly welcome Eric Tengstrand to the Etteplan Group management team. He has been very successful in his previous positions and in the future he will be responsible for Etteplan's Solutions and Technologies group function, whose essential task is to develop Etteplan's offering and increase the customer value of our service solutions. I am very happy that we can appoint a person from within the company to the position and to the group's management team and thus offer a new step on the career path", says Etteplan CEO Juha Näkki.

The current Senior Vice President of the Solutions and Technologies group function, Petri Ikonen, will be responsible for Etteplan's joint ventures and partnerships in the future. Ikonen still reports to CEO Juha Näkki, but is not a member of the Group management team as of January 1, 2024.

Per-Anders Gådin, the Senior Vice President responsible for merger, acquisitions and business development, will continue in his current position and report to CEO Juha Näkki, but is not a member of the Group management team as of January 1, 2024.

Veikko Lamminen will retire during 2024. "I warmly thank Veikko for his invaluable contribution to the company. Veikko has played a significant role in Etteplan's operational management and business development for almost 20 years. During this time, the company's operations have grown, become more international and the company's business has risen to a new level. We want to wish him a good and well-deserved retirement," says Näkki.

Etteplan Oyj's Group management team from 1 January 2024:

Juha Näkki, President and CEO, Helena Kukkonen CFO, Jukka Lahtinen SVP Global Sales, Tero Leppänen SVP Software and Embedded Solutions, Riku Riikonen SVP Engineering Solutions, Eric Tengstrand SVP Solutions & Technologies, Outi Torniainen SVP Marketing and Communications, Minna Tornikoski SVP Human resources and  Mikael Vatn SVP Technical Communication Solutions.

Additional information: 
Juha Näkki, President and CEO, tel. +358 10 307 2077
Outi Torniainen, SVP, Marketing and Communications, tel. +358 10 307 3302    

DISTRIBUTION:
Nasdaq Helsinki
Main media
www.etteplan.com