Lamor Corporation Plc, Stock exchange release, inside information. 15 December 2023 at 10.45 a.m. EET

Lamor Corporation Plc’s Board of Directors has appointed D.Sc. (Chem.Eng.) Johan Grön as the CEO of the company as of today. Grön has acted as Lamor’s COO and as a member of the management team since May 2022. Grön has, in particular, had a key role in progressing Lamor´s large projects and developed the company’s offering and project delivery processes. In addition, he has been leading Lamor’s initiative for the chemical recycling of plastics.

Johan Grön has more than 30 years of international management experience. Before joining Lamor, Grön held director and management positions at Gasum, Outotec, Kemira and Xylem Inc, among others. “Johan Grön has demonstrated strong business and leadership skills, and his experience makes him an excellent choice to lead Lamor in the company’s next growth phase. Johan Grön’s main tasks as CEO will be to drive the company’s ambitious growth strategy and to lead the company towards its long-term financial targets. In addition, Grön’s appointment will bring continuity and stability to the company’s operations”, states the Chair of Lamor’s Board of Directors Mika Ståhlberg.

“I am excited to have this opportunity to lead Lamor into the next growth phase. Lamor has unique expertise which makes the company well positioned to solve global environmental issues”, comments Johan Grön. “Together we can create added shareholder value by implementing Lamor’s strategy as a provider of comprehensive environmental solutions and by acting as a strong forerunner in sustainable development. I am convinced that we have good capabilities for future growth and my goal is to ensure that we deliver on our promises to customers, employees, shareholders and other stakeholders.”

Following the Board of Directors’ decision, Mika Pirneskoski leaves his position as the CEO on 15 December 2023.

“On behalf of the entire Board of Directors, I would like to thank Mika Pirneskoski for his achievements at Lamor, especially during the past four years as the CEO. Under his leadership, Lamor has made a significant growth leap, expanded strategically, and transformed from a family-owned company to a main list company. We wish Mika all the best in his future endeavours”, comments the Chair of Lamor’s Board of Directors Mika Ståhlberg.

Webcast for shareholders, analysts, and media  
Webcast for shareholders, analysts and media will be arranged on 15 December 2023 at 2:00 p.m. EET. The webcast will be held in Finnish. The webcast includes a Q&A session, and participants can ask questions in English and Finnish via the event chat room. The webcast can be followed at here.

Further enquiries 
Mika Ståhlberg, Chair of the Board of Directors, Lamor Corporation Plc, tel. +358 50 520 3433

Media enquiries: Lamor IR, tel +358 40 581 9735

Lamor in brief 
Lamor is one of the world’s leading providers of environmental solutions. For four decades, we have worked to clean up and prevent environmental incidents on land and at sea.

Environmental protection, soil remediation and material recycling: Our innovative technologies, services and tailored solutions, ranging from oil spill response, waste management and water treatment to soil remediation and plastic recycling, benefit customers and environments all over the world.

We are capable of vast and fast operations thanks to our connected ecosystem of local partners, steered by our experts. We have over 500 employees in more than 20 countries. In 2022, our turnover was 128 million euros. Lamor’s share is listed on Nasdaq Helsinki’s main market (ticker: LAMOR). Further information: www.lamor.com.