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Skanska: Richard Kennedy new Business Unit President Skanska USA Building

Richard Kennedy has been appointed Business Unit President Skanska USA
Building. He will take on his new position as of November 16.

Richard Kennedy has been with the company for 12 years. He has been
the Chief Operating Officer for the Metro New York region since 2009.
In that position he has played a key role in winning major projects
such as the 4 billion dollar redevelopment of LaGuardia Airport
Terminal B, and he has overseen the successful execution of complex
projects such as the United Nations Headquarters Renovation, the
World Trade Center Transportation HUB and MetLife Stadium. Richard
succeeds Bill Flemming who will leave Skanska.

"Richard has very strong commercial skills that will move our company
forward in a competitive landscape. Richard has a deep understanding
of where the company is headed and working in complex projects he's
always had a one Skanska mindset, actively working to team up with
different business units in Skanska. I also want to thank Bill
Flemming for his years of dedicated work in Skanska, and we wish him
well in his future endeavors", says Richard Cavallaro, Executive Vice
President, Skanska AB.

For further information please contact:

Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at

The information provided herein is such as Skanska AB is obligated to
disclose pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world's leading construction and project
development companies, focused on selected home markets in the Nordic
region, other European countries and North America. Supported by
global trends in urbanization and demographics, and by being at the
forefront in sustainability, Skanska offers competitive solutions for
both simple and the most complex assignments, helping to build a
sustainable future for customers and communities. The Group currently
has 43,100 employees in selected home markets in Europe and North
America. Skanska's sales in 2015 totaled SEK 155 billion.


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