Stora Enso Oyj: Stora Enso Appoints New Head for Consumer Board Division

HELSINKI--()--Regulatory News:

STORA ENSO OYJ (HEX:STEAV) (HEX:STERV) (STO:STEA) (STO:STER) STOCK EXCHANGE RELEASE 31 October 2016 at 9.00 EET

Stora Enso has appointed Annica Bresky as Executive Vice President, Consumer Board division and member of the Group Leadership Team. Annica Bresky is currently the President and CEO of Iggesund Paperboard AB, part of the Swedish Holmen Group. Previously she has worked as Mill Director at BillerudKorsnäs AB. She has also worked at Stora Enso’s Kvarnsveden Mill in 2001‒2010 holding engineering and superintendent positions.

Annica Bresky holds a M.Sc degree in engineering from Uppsala University and an Executive MBA from M-gruppen. She will join Stora Enso at the latest by 1 May 2017 and be based in Stockholm. Stora Enso’s CEO Karl-Henrik Sundström will act as head of the Consumer Board division until Annica Bresky starts.

“Annica Bresky is a perfect match for our opportunities in the Consumer Board division. Her extensive experience both in production and leadership positions forms a solid background for her to take one of our growth businesses into the future. Annica has worked several years for Stora Enso in the past, so I’d like to welcome her back,” says Stora Enso’s CEO Karl-Henrik Sundström.

Stora Enso’s previous head of Consumer Board division, Jari Latvanen, has started as CEO of HKScan, as announced in May 2016.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com (http://www.storaenso.com/)

STORA ENSO OYJ

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Contacts

Stora Enso
Ulrika Lilja, +46 72 221 9228
EVP Communications
or
Investor enquiries:
Ulla Paajanen-Sainio, +358 40 763 8767
SVP, Investor Relations

Contacts

Stora Enso
Ulrika Lilja, +46 72 221 9228
EVP Communications
or
Investor enquiries:
Ulla Paajanen-Sainio, +358 40 763 8767
SVP, Investor Relations