Sweco AB (“Sweco”) (Nasdaq Stockholm; ticker symbol SWECA and SWECB) today announces that Tomas Carlsson will leave his position as President and CEO of Sweco after 5 years to take on the role as CEO of NCC. The Board of Directors has initiated the process of finding a replacement. Tomas will continue in his current role during his termination period. 

”Tomas has during his five years at Sweco led the development from a strong Nordic company to become the leading engineering and architecture consultancy in Europe. Tomas has been pivotal to the successful development of Sweco’s operations, resulting in a strong shareholder return. I have enjoyed working with Tomas and would personally like to thank him and take the opportunity to wish him all the best during his future career at NCC”, says Johan Nordström, Board Chairman of Sweco AB.

“After five incredible and transformational years I feel that it is the right time to move on to new opportunities. Sweco is stronger than ever and has grown from a leading company in the Nordic region to the leading company in Europe. This has been combined a significant improvement in the performance of the underlying business. Every day at this unique company has been exciting and I will greatly miss all the wonderful people at Sweco and the company’s fantastic culture”, says Tomas Carlsson, President and CEO of Sweco AB.

The Board of Directors has initiated the process of appointing a successor. Tomas Carlsson will continue as President and CEO in Sweco during his termination period until July 2018 and will remain a Board member until the Annual General Meeting 2018.