CEO and Group Management

The CEO is in charge of the day-to-day management of the Company in accordance with the Companies Act and the instructions and orders issued by the Board of Directors. The CEO is responsible for ensuring that the Company’s accounting practices are in compliance with the law and that the financial matters are organised in a reliable manner. The CEO has a duty to provide the Board of Directors with any information that they may need in order to see to its duties.

The CEO is supported by the Lehto Group’s executive board which supports the CEO in duties falling within the CEO´s authorization, as well as their implementation and monitoring, particularly as regards business development, financing, asset management, internal control and risk management.

Hannu Lehto


b. 1963, Finnish citizen
Construction engineer

Hannu Lehto has been the Company´s CEO since 2014, and before that he was CEO also in 2008–2013. Lehto is the Company’s founding shareholder, and he has also functioned as the Chairman of the Board of Directors in 2008–2014. In 2014–2016, he was a member of the Board of Directors. Lehto became the Company’s shareholder through an arrangement in which the Company, in connection with its establishment, bought the entire share capital of the construction company Rakennusliike Lehto Oy. Hannu Lehto has worked in Rakennusliike Lehto Oy since its foundation in 1985, when he and Tapio Mustonen established a limited partnership by the name Rakennusliike Mustonen & Lehto Ky.

Positions of trust

Lehto Oyj (previously Päätoimija Plc), Chairman of the board 2008–2014, member of the board 2014–2016

Veli-Pekka Paloranta

Chief Financial Officer

b. 1972, Finnish citizen
Master of Science in Economics

Veli-Pekka Paloranta has been the Company’s Chief Financial Officer since November 2015. In 2010–2015, he was the CFO of Bittium Oyj (former Elektrobit Oyj), in addition to which he has served as Chairman of the Board of several subsidiaries of Elektrobit Group.

Positions of trust

Arkkitehtitoimisto Jorma Paloranta Oy, Chairman of the board

Pasi Kokko

EVP, Housing
b. 1968, Finnish Citizen
Forestry Engineer

Pasi Kokko has served as CEO of Lehto’s subsidiary Rakennuskartio Oy since 2013 until the beginning of the year 2017. Previously he has worked in leading positions in lumber industry both in Finland and abroad. During the years 2008 – 2013 he worked as banker and bank manager in Danske Bank.

Jaakko Heikkilä

EVP, Business Premises
b. 1971, Finnish Citizen
Master of Civil Engineering

Jaakko Heikkilähas served Lehto Group since the year 2011. He has worked as area manager, business director and deputy managing director of Lehto’s subsidiary Rakennusliike Lehto. Previously he has worked in construction sector for Finnish Defence Administration and National Board of Customs. In addition to these he has worked in leading positions in various production tasks in building sector.

Tuomo Mertaniemi

EVP, Social Care and Educational Premises
b. 1972, Finnish Citizen
Master of Economic Sciences

Tuomo Mertaniemi has worked for Lehto Group since 2011, first as Chief Financial Officer and since 2014 as responsible for the business of Social Care and Educational Premises -service area. Before Lehto Group he has worked for finance sector in Finnvera and Sampo Pankki.

Pekka Lindeman

EVP, Building Renovation
b. 1959, Finnish Citizen
Vocational qualification in business and administration

Pekka Lindeman has worked as Lehto’s EVP, Building Renovation since December 2016. Previously he has worked as business director in Pro-Source Oy, sales director in SOL Palvelut (for Finland) and as CEO both in Nab Labs Oy and Turvatiimi Oyj.

Timo Reiniluoto

EVP, Business Support Services
b. 1966, Finnish Citizen
Master of Science in Civil Engineering, Hanken MBA in Real Estate Financing

Timo Reiniluoto has served since 2014-2017 as CEO of Lehto’s subsidiary Rakennusliike Lehto Oy. He has 30 years’ experince in various tasks in building sector, for example as EVP and SVP for Skanska. He has also ten years’ working experince from Russia. In addition to these Reiniluoto acted as board member of Oy Lautex Ab during the years 2006 – 2013.

Pekka Korkala

EVP, Factory Production
b. 1969, Finnish Citizen
Master of Science

Pekka Korkala has served since 10.7.2017 as CEO of Lehto´s subsidiary Takuuelementti Oy. Previously he has worked as a business and factory production director in car industry in Finland and abroad.