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Stora Enso Oyj (STEAV.HE)

STEAV.HE on Helsinki Stock Exchange

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Summary

Name Age Since Current Position

Jorma Eloranta

66 2017 Chairman of the Board

Karl-Henrik Sundstrom

57 2017 Chief Executive Officer, Member of the Group Leadership Team

Seppo Parvi

53 2014 Deputy Chief Executive Officer, Chief Financial Officer, Country Manager Finland, Member of the Group Leadership Team

Hans Straberg

60 2017 Vice Chairman of the Board

Per Lyrvall

58 2012 Executive Vice President Legal, General Counsel, Country Manager Sweden, Member of the Group Leadership Team

Malin Bendz

41 2016 Executive Vice President Human Resources, Member of the Group Leadership Team

Annica Bresky

42 2017 Executive Vice President, Consumer Board, Member of the Group Leadership Team

Markus Mannstrom

54 2017 Executive Vice President, Division Biomaterials, Member of the Group Leadership Team

Noel Morrin

59 2015 Executive Vice President, Sustainability, Member of the Group Leadership Team

Gilles van Nieuwenhuyzen

58 2015 Executive Vice President, Division Packaging Solutions, Member of the Group Leadership Team

Ulla Paajanen-Sainio

Senior Vice President of Investor Relations, Chief Financial Officer Organization Group

Johanna Hagelberg

45 2014 Executive Vice President, Sourcing and Logistics; Member of the Group Leadership Team

Ulrika Lilja

42 2014 Executive Vice President, Communications; Member of the Group Leadership Team

Jari Suominen

48 2014 Executive Vice President, Division Wood Products, Member of the Group Leadership Team

Kati ter Horst

49 2014 Executive Vice President, Division Paper, Member of the Group Leadership Team

Christiane Kuehne

62 2017 Director

Richard Nilsson

47 2014 Director

Goran Sandberg

2017 Director

Anne Brunila

60 2013 Independent Director

Elisabeth Fleuriot

61 2013 Independent Director

Hock Goh

62 2012 Independent Director

Mikael Makinen

61 2010 Independent Director

Biographies

Name Description

Jorma Eloranta

Mr. Jorma Eloranta has been Chairman of the Board of Directors at Stora Enso Oyj since April 27, 2017. He was Independent Vice Chairman of the Company's Board from April 28, 2016. He has been Member of the Audit and Finance Committee and the Nomination Board at the Company, and Chairman of the Remuneration Committee. He has been Chair of the Board of Neste, Suominen and Uponor, Vice Chairman of the Board of Finnish Fair Foundation, Member of the Board of Cargotec, Vice Chairman of the Supervisory Board in Finnish Naval Foundation, Senior Advisor of Eera Ltd. and Chair of the Board and President of Pienelo Ltd. He was President and CEO of Metso (2004–2011), President and CEO of Kvaerner Masa-Yards (2001–2003) and President and CEO of Patria Industries Group (1997–2000), Executive Vice President of Finvest Group and Jaakko Poyry Group in 1996 and President of Finvest (1985–1995).

Karl-Henrik Sundstrom

Mr. Karl-Henrik Sundstrom has been appointed Chief Executive Officer and Member of the Group Leadership Team at Stora Enso Oyj with effect from May 1, 2017. He has held this position within the Company since August 1, 2014 and has been appointed Acting Head of Consumer Board division for the period from October 31, 2016 until May 1, 2017. He previously was Executive Vice President of Printing and Living Division, Deputy Chief Executive Officer of Stora Enso Oyj since July 1, 2013. He has been Member of the Group Leadership Team in the Company since August 2012. He served as Chief Financial Officer of the Company from August 2012 until July 1, 2013. Prior to this, he was CFO of NXP Semiconductors (2008-2012). In the past, he held CFO and several other managerial positions within Ericsson. Mr. Sundstrom has been Member of the Boards of Directors of Swedbank and Sustainable Energy Angels AB. He holds a Bachelor of Science degree in Business Studies.

Seppo Parvi

Mr. Seppo Parvi has been Chief Financial Officer (CFO), Deputy Chief Executive Officer, Country Manager Finland and Member of the Group Leadership Team of Stora Enso Oyj since February 1, 2014. He joined the Company from Ahlstrom Corporation, where his most recent position was CFO and Executive Vice President of Food and Medical Business Area (2009-2014). Prior to that, Mr. Parvi served as CFO for Metsa Board (M-real) from 2006 until 2009, and before that, he worked for more than ten years in various line management positions at the packaging company Huhtamaki, including responsibilities such as paper manufacturing within Rigid Packaging Europe and General Manager for Turkey. He has been Deputy Chairman of the Board of the Finnish Forest Industries Federation as of January 1, 2015. He has also served as Member of the Board of Pohjolan Voima Oy and Member of the Supervisory Board of Ilmarinen. He holds Master of Science degree in Economics.

Hans Straberg

Mr. Hans Straberg has been Vice Chairman of the Board of Directors of Stora Enso Oyj since April 27, 2017. He was Independent Member of the Company's Board from April 2009. He also serves as Member of the Company’s Remuneration Committee (since March 2010). Mr. Straberg is a former President and Chief Executive Officer of AB Electrolux (2002-2010). Prior to that, he held several management positions at Electrolux in Sweden and the United States (1983-2002). He has chaired the Boards of Directors of Atlas Copco AB, Roxtec AB, Orchid First Holding AB, CTEK Holding AB and Nikkarit Holding AB, and has served as Member on the Boards of Investor AB, N Holding AB, Mellby Gard AB, Hedson Technologies International AB and Consilio International AB. He has obtained a Master of Science degree in Engineering.

Per Lyrvall

Mr. Per Lyrvall has been Executive Vice President Legal, General Counsel, Country Manager Sweden, Member of the Group Leadership Team of Stora Enso Oyj since March 19, 2012. He joined the Company as Legal Counsel in 1994 and was appointed General Counsel in 2008. Prior to joining Stora Enso, he held legal positions at Swedish Courts, law firms and Assi Doman. Mr. Lyrvall is Member of the Board of Montes del Plata and Bergvik Skog AB and Deputy Member of the Board of Skogsindustrierna. He holds a Master of Legal Letters degree.

Malin Bendz

Ms. Malin Bendz has been Executive Vice President Human Resources and Member of the Group Leadership Team of Stora Enso Oyj since November 1, 2016. She has been with Stora Enso since year 2000, working in international human resources positions while being based in Sweden and Brazil. Furthermore, she has also worked in business development and purchasing. She holds a Bachelorof Science degree in Personnel Management & Organizational Development and an MBA degree.

Annica Bresky

Ms. Annica Bresky has been appointed Executive Vice President, Consumer Board and Member of the Group Leadership Team of Stora Enso Oyj, effective as of May 1, 2017 at the latest. She joins the Company from the position of 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.

Markus Mannstrom

Mr. Markus Mannstrom has been appointed Executive Vice President, Division Biomaterials, Member of the Group Leadership Team at Stora Enso Oyj, effective as of June 1, 2017. He no longer serves as Chief Technology Officer and Member of the Group Leadership Team of the Company, effective as of June 1, 2017. he has held this position since March 16, 2015. He has been at Stora Enso since 2001, working on several large investment and R&D projects, most recently as General Manager of Stora Enso’s Guangxi project in China. Prior to this, he held the position of SVP, Investments and Operations in Stora Enso’s Renewable Packaging division (2009-2014), where he also bore responsibility for R&D. From 2006 to 2009, he was responsible for Stora Enso’s investment processes, including fund allocation, project development and steering projects in progress. From 2001 to 2005, he was involved in two major paper machine investment projects. He is Member of the Board of Teollisuuden Voima Oyj, Deputy Member of the Board of Pohjolan Voima Oy. He has a Master of Science degree in Paper Technology.

Noel Morrin

Mr. Noel Morrin has been Executive Vice President, Sustainability and Member of the Group Leadership Team at Stora Enso Oyj since April 1, 2015. He has held several leadership positions in the field of sustainability and environmental affairs, most recently, since 2005, as SVP for Sustainability & Green Support at Skanska AB in Sweden. Before that he worked as Group Environment Director for RMC plc from 1999 until 2005. Prior to RMC he held senior roles at the UK National Environmental Technology Centre, the British NGO Business in the Community and the global chemical company ICI plc. He holds Bachelor of Science degree in Chemistry and Biology.

Gilles van Nieuwenhuyzen

Mr. Gilles van Nieuwenhuyzen has been Executive Vice President, Division Packaging Solutions and Member of the Group Leadership Team at Stora Enso Oyj since March 16, 2015. He has global business leadership experience in several industries, including food ingredients, biotechnology, chemicals and polymers. Most recently, from 2010 to 2014, he was President of the Enablers division at DuPont Nutrition & Health (formerly Danisco), based in Denmark. Previously, he worked in senior management positions at among others the Dutch food ingredients group CSM (now Corbion), Rexam (in coated films and papers), and DSM (in chemicals and polymers). Earlier, he worked at McKinsey & Company. He holds a Master of Science degree in Applied Physics and MBA from INSEAD.

Ulla Paajanen-Sainio

Johanna Hagelberg

Ms. Johanna Hagelberg has been Executive Vice President, Sourcing and Logistics and Member of the Group Leadership Team of Stora Enso Oyj since November 1, 2014. She joined Stora Enso in November 2013 as Senior Vice President Sourcing, Printing and Living. Prior to joining Stora Enso, she held managerial positions within sourcing at companies including as Chief Procurement Officer at Vattenfall AB (2010–2013), and at RSA Scandinavia and NCC. She is Member of the Board of Bufab AB. She holds a M.Sc. (Industrial Engineering & Management) and a M.Sc. (Engineering and Management of Manufacturing Systems).

Ulrika Lilja

Ms. Ulrika Lilja has been Executive Vice President, Communications and Member of the Group Leadership Team at Stora Enso Oyj since September 1, 2014. Previously, she was Senior Vice President, Communications for the Printing and Living Division at the Company until August 31, 2014. She was also Director External Communications at SSAB in Sweden (2010–2013). Prior to that, she held several leading communications positions at OMX Stockholm Stock Exchange and Neonet. She has been Member of the Board of Swedish Association of Communication Professionals. She holds a Master of Science degree in Business Administration and Economics.

Jari Suominen

Mr. Jari Suominen has been Executive Vice President, Division Wood Products and Member of the Group Leadership Team at Stora Enso Oyj since September 1, 2014. He joined the Company in 1995 and was Senior Vice President, Head of Building & Living Business Area until August 31, 2014. He has held several managerial positions in paper and wood products businesses. He is Member of the Board of Tornator and Member of the Supervisory Board of Varma Mutual Pension Insurance Company. He holds a Master of Science degree in Business Administration.

Kati ter Horst

Ms. Kati ter Horst has been Executive Vice President, Division Paper and Member of the Group Leadership Team at Stora Enso Oyj since September 1, 2014. Previously, she was Senior Vice President, Paper Sales, Stora Enso Printing and Living until August 31, 2014. She joined the Company in 1996. She has been Member of the Board of Finnish Forest Industries Federation as of January 1, 2015. She holds Master of Business Administration degree (International Business) and Master of Science degree (Marketing).

Christiane Kuehne

Richard Nilsson

Mr. Richard Nilsson has been Director of Stora Enso Oyj since April 23, 2014. He is Chairman of the Financial and Audit Committee at the Company. He has been Investment Manager at Foundation Asset Management (FAM) AB since 2008. He was Pulp & paper research analyst at SEB Enskilda (2000–2008), Alfred Berg (1995–2000) and Handelsbanken (1994–1995). He has been Member of the Board of Directors of Boston-Power Inc. and Cellutech AB. He holds a Bachelor of Science degree in Business Administration and Economics.

Goran Sandberg

Anne Brunila

Ms. Anne Maritta Brunila has been Independent Member of the Board of Directors of Stora Enso Oyj since April 23, 2013. She holds a Doctorate of Science degree in Economics. She has been Chairman of Stora Enso’s Sustainability and Ethics Committee since April 2013. She has been Professor in Hanken School of Economics as of January 1, 2014. She has also been Chairman of the Board of Aalto University Foundation as of January 13, 2016 (previously Vice Chairman), and Member of the Board of Sampo Plc, Kone Plc, Sanoma Plc, the Research Institute of the Finnish Economy ETLA and the Finnish Business and Policy Forum EVA. She previously was Executive Vice President, Corporate Relations and Strategy and Member of the Management Team of Fortum (2009–2012), President and Chief Executive Officer of the Finnish Forest Industries Federation (2006–2009), Director General in the Finnish Ministry of Finance (2003–2005) and held several positions in the Bank of Finland (1992–2000) and the European Commission (2000–2002).

Elisabeth Fleuriot

Ms. Elisabeth Fleuriot has served as Independent Member of the Board of Directors of Stora Enso Oyj since April 23, 2013. She is Member of the Remuneration Committee at the Company. She holds a Master of Science degree in Economics. She has been Chief Executive Officer of Thai Union Europe (previously MW Brands) since August 26, 2013. She also serves as Member of the Board of Directors of Carlsberg Company. Previously, she was Senior Vice President, Emerging Markets and Regional Vice President, France, Benelux, Russia and Turkey, in Kellogg Company (2001–2013), General Manager, Europe, in Yoplait, Sodiaal Group (1998–2001), and held several management positions in Danone Group (1979–1997).

Hock Goh

Mr. Hock Goh has been Independent Member of the Board of Directors of Stora Enso Oyj since April 24, 2012. He is Member of the Sustainability and Ethics Committee of the Company. He is a former Operating Partner of Baird Capital Partners Asia (2005-2012). In the past, he held several senior management positions at Schlumberger Limited, an oilfield services provider (1995–2005). He has been Chairman of the Board of Advent Energy Limited and of MEC Resources, and Member of the Boards of AB SKF, Santos Australia, KS Distribution Pte Ltd, Harbour Energy and Vesuvius Plc. Mr. Goh holds a Bachelor of Engineering (Hons) in Mechanical Engineering.

Mikael Makinen

Mr. Mikael Makinen has been Independent Member of the Board of Directors of Stora Enso Oyj since March 31, 2010. He is Member of the Company's Financial and Audit Committee since April 2013. He has been President of Marine Rolls-Royce as of April 2014. He was President of Cargotec Marine from October 8, 2012 until 2013. Formerly, he was also President and Chief Executive Officer (CEO) of Cargotec Oyj (2012-2013). Earlier in his career, he served as Deputy CEO of Wartsila (2004-2006), Group Vice President, Ship Power at Wartsila (1999–2004), Managing Director of Wartsila NSD Singapore (1997–1998), and Vice President, Marine at Wartsila SACM Diesel (1992–1997). He has holds a Master of Science degree in Engineering.