CEO Leif Gustafsson

Leif Gustafsson
Leif Gustafsson

Position: President and CEO since 2016

Born: 1967, Swedish citizen
Education: Construction Engineer
Employed by Cramo since: 2016
Primary work experience:
CEO, Stena Recycling International 2012-2015; CEO, Stena Recycling AB, 2008-2012; CEO, YIT Sverige AB, 2005-2008; Division manager, YIT Sverige AB, 2003-2005; Division manager, ABB Contracting 1999-2003.
Other positions of trust:
Board member: ERA (European Rental Association)
Member of Board of Trustees: SNS (Studieförbundet Näringsliv och Samhälle)

Cramo shares on 31 Dec 2018:
24,263  (31 Dec 2017: 18,341)

Corporate governance statements

Corporate governance

The corporate governance at Cramo is based on Finnish law and the Company’s Articles of Association. The Group complies with the rules of Nasdaq Helsinki Ltd and the Finnish Corporate Governance Code 2015 published by the Securities Market Association. The Corporate Governance Code is available on the Securities Market Association’s website: Cramo does not deviate from the Finnish Corporate Governance Code Recommendations.

The Group’s headquarters are in Vantaa, Finland and the Company is listed on the Nasdaq Helsinki Ltd.

Cramo prepares annual financial statements and interim reports conforming to Finnish law and International Financial Reporting Standards (IFRS). Statements and reports are published in Finnish and English.

Overview of Corporate Governance Components at Cramo Group

The Group’s control and management responsibilities are divided among the General Meeting of Shareholders, the Board of Directors with its two committees, and the President and CEO, the Group management team, managing directors of subsidiaries, and the General Management Meeting. The Board of Directors supervises the performance of the Company, its management and organisation on behalf of shareholders. The Board of Directors and the Group management team are separate bodies, and no one serves as a member of both.