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Peab: Changes in Peab Group Management

Press release published at The Swedish Wire

Niclas Winkvist has been appointed Head of Strategy and Business Support, and member of the Group Management. He will maintain his responsibilities for M&A, and will now also take the overall responsibility for the Group's strategy work, which has earlier been shared by many others. Niclas Winkvist is 45 years old, and has earlier been CFO for Peab Industri.
"The appointment of Niclas Winkvist directs focus on the important actions within the strategy area, and I am convinced that Winkvist is the right man to head this work", CEO and President Jan Johansson says.
Mats Johansson, Executive Vice President with responsibility for Business Ethics and Safety and Security, will leave his position in accordance with his pension agreement. The responsibilities for these issues will be handed over to Director of HR Tina Hermansson Berg.
"Mats Johansson has during his six years in the Group Management team continued to develop Peab within many important areas, and I would like to thank him for his contribution", Jan Johansson continues.
The changes of the Group Management are effective as of July 2, 2012.
For further information, contact:
Fredrik Wahrolén, Head of Communication, +46 733 37 10 07
Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 13.00 p.m.2 July 2012.
Previous press releases from Peab are available at www.peab.com
Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. The Group's subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.

This information was distributed by Cision

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