Lassila & Tikanoja plc (L&T) announced it plans to accelerate the execution of its strategy launched in Autumn 2023. The Group will start a renewal of its operating model to strengthen the growth of its circular economy business. The composition of L&T?s Group Executive Board will also change in conjunction.

The new Group Executive Board will assume their roles 16 May, 2024 led by CEO Eero Hautaniemi. Public Affairs, Sustainability and Strategy - Jorma Mikkonen; Facility Services Finland and Sweden - Antti Niitynpää; Personnel and Legal Affairs - Hilppa Rautpalo; Sourcing - Juha Saarinen, August 1, 2024 onwards; ICT - Edward Skärström; Finance - Joni Sorsanen, July 10, 2024 onwards; and Environmental and Industrial Services - Antti Tervo. Current Group Executive Board member Mikko Taipale continues with the company in his current role but he will no longer be a member of the Group Executive Board May 16, 2024 onwards.

Petri Salermo who currently leads Environmental Services and General Council Sirpa Huopalainen have decided to pursue their careers outside of L&T effective May 16, 2024.