CEO of Nordecon AS not to continue on his position after expiry of the Contract of Service on 7 January 2024
08 November 2023 - 7:00AM
CEO of Nordecon AS not to continue on his position after expiry of
the Contract of Service on 7 January 2024
Gerd Müller, CEO of Nordecon AS informed the council that he
will not continue as CEO of the company after the expiry of his
contract of service on 7 January 2024, informs the council of
Nordecon AS. Until the appointment of the new chairman of the
management board, Maret Tambek, a member of the management board of
Nordecon AS, will act as the acting chairman of the management
board as of 8 January 2024.
Gerd Müller has been in charge of Nordecon AS since the
beginning of 2018 and is leaving the company at his own request.
"Managing Nordecon has been extremely interesting, intense and
challenging. I feel that these six years have gone by flying on the
one hand, on the other hand, it has been a time of great change,
which has given me the opportunity to constantly test my knowledge
and skills. Nordecon has a highly capable and competent team, and
the company has a strong portfolio of works ahead of it, and we
have also taken bold steps in the field of digitalisation. For the
new chairman, this is a good moment to start," said Gerd Müller,
CEO of Nordecon AS.
"Nordecon, under Gerd's leadership, has been able to react
quickly in a stormy market and make the necessary changes. I thank
him for his dedication in these six years. The Supervisory Board
will now start the search for a new chairman of the management
board." said Toomas Luman, chairman of the supervisory board of
Nordecon AS.
As of 8 January 2024, the management board of Nordecon AS will
continue with three members: Maret Tambek (acting chairman), Priit
Luman and Tarmo Pohlak.
Nordecon (www.nordecon.com) is a group of construction companies
whose core business is construction project management and general
contracting in the buildings and infrastructures segment.
Geographically the Group operates in Estonia, Finland, Ukraine and
Sweden. The parent of the Group is Nordecon AS, a company
registered and located in Tallinn, Estonia. The consolidated
revenue of the Group in 2022 was 323 million euros. Currently
Nordecon Group employs close to 570 people. Since 18 May 2006 the
company's shares have been quoted in the main list of the Nasdaq
Tallinn Stock Exchange.
Andri HõbemägiNordecon ASHead of Investor RelationsTel: +372
6272 022E-mail: andri.hobemagi@nordecon.comwww.nordecon.com
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