Skanska CEO to resign in 2018

Skanska’s president and CEO Johan Karlström has notified the Skanska AB board of directors that he plans to step down.

He will remain president and CEO until Skanska’s annual general meeting on April 13, 2018, when he will also step down from the board of Skanska AB. He will serve as senior adviser until January 2019.

Karlström first joined Skanska in 1983. He was appointed president and CEO for Skanska in April 2008.

The firm has plans to make a new CEO announcement by the end of the year.