People: Stora Enso Oyj (STEAV.HE)

STEAV.HE on Helsinki Stock Exchange

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Summary

Name Age Since Current Position

Gunnar Brock

63 2010 Independent Chairman of the Board

Juoko Karvinen

57 2007 Chief Executive Officer, Member of the Group Leadership Team

Karl-Henrik Sundstrom

54 2013 Deputy Chief Executive Officer, Executive Vice President of Printing and Living Division, Member of the Group Leadership Team

Juha Rantanen

62 2010 Independent Vice Chairman of the Board

Seppo Parvi

50 2014 Chief Financial Officer, Member of the Group Leadership Team

Per Lyrvall

55 2012 Executive Vice President, Global Ethics and Compliance, General Counsel, Country Senior Executive, Sweden; Member of Group Leadership Team

Lars Haggstrom

46 2010 Executive Vice President, Global People and Organization; Member of the Group Leadership Team

Juan Bueno

46 2012 Executive Vice President, Biomaterials, Head of Latin America; Member of the Group Leadership Team

Lauri Peltola

51 Executive Vice President, Global Identity, Country Senior Executive, Finland; Member of the Group Leadership Team

Juha Vanhainen

53 2013 EVP, EUR 200 million Streamlining and Structure Simplification Program, Wood Supply Operations in Finland and Sweden, Energy, Logistics and Business Information Services, Group Leadership Team

Richard Nilsson

2014 Director

Anne Brunila

57 2013 Independent Director

Elisabeth Fleuriot

58 2013 Independent Director

Hock Goh

59 2012 Independent Director

Birgitta Kantola

66 2005 Independent Director

Mikael Makinen

58 2010 Independent Director

Hans Straberg

57 2009 Independent Director

Ulla Paajanen-Sainio

Senior Vice President, Head of Investor Relations

Biographies

Name Description

Gunnar Brock

Mr. Gunnar Brock has been Independent Chairman of the Board of Directors of Stora Enso Oyj since March 31, 2010. He also serves as Member of Stora Enso’s Financial and Audit Committee as well as the Nomination Board, and as Chairman of the Remuneration Committee. He joined the Company’s Board as Independent Member in March 2005. Mr. Brock is a former President and Chief Executive Officer of such companies as Atlas Copco Group (2002–2009), Tetra Pak Group (1994 - 2000) and Alfa Laval Group (1992 - 1994), and a former President of Thule International (2001 - 2002). He chairs the Boards of Molnlycke Healthcare AB and Rolling Optics, and serves as Member on the Boards of Total SA; Investor AB; SOS-Children’s Villages, Sweden; Stockholm School of Economics; GreenGold Capital AB; Stena AB, and Syngenta International AG. He is also Member of the Royal Swedish Academy of Engineering Sciences (IVA). Mr. Brock holds a Master of Science degree in Economics.

Juoko Karvinen

Mr. Juoko Karvinen no longer serves as Chief Executive Officer (CEO) and Member of the Group Leadership Team of Stora Enso Oyj, effective as of August 1, 2014. He has held this position since March 29, 2007. Prior to joining the Company in 2007, he was President and CEO of Philips Medical Systems in the United States (2002-2006). Earlier, he worked for ABB Group Limited. He started in the company in 1987 and has over the years held several international positions, including Head of the Automation Technology Products Division and Member of the ABB Executive Committee (2000-2002). Mr. Karvinen has experience as Member of the Board of the Finnish Forest Industries Federation and Confederation of European Paper Industries (CEPI). Apart from this he is Member of the Business Co-Operation Council and Co-Chairman of the Forest Industry Task Force, EU-Russia Industrialists' Round Table (IRT). He also serves as Vice Chairman of the Board of Directors of Nokia Corporation, and Member of the Boards of SKF Group and Montes del Plata. He holds a Master of Science degree in Engineering.

Karl-Henrik Sundstrom

Mr. Karl-Henrik Sundstrom has been appointed Chief Executive Officer of Stora Enso Oyj, effective as of August 1, 2014. He has previously been 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 is Member of the Boards of Directors of Swedbank. He holds a Bachelor of Science degree in Business Studies.

Juha Rantanen

Mr. Juha Rantanen has been Independent Vice Chairman of the Board of Directors of Stora Enso Oyj since March 31, 2010. He also serves as Member on the Financial and Audit Committee of the Company, Remuneration Committee as well as on Stora Enso’s Nomination Board. He has been Independent Board Member of the Company since March 2008. Mr. Rantanen is a former Chief Executive Officer (CEO) and President of Outokumpu Group (2005-2011). He also served as President and CEO of Ahlstrom Corporation (1998–2004), and as CEO of Borealis A/S (1994–1997). He is Member of the Boards of Crisis Management Initiative – the Ahtisaari Centre, Suomen Messut – Finnexpo, Onvest Oy, Stalatube Oy and Yara International ASA. He holds a Master of Science degree in Economics.

Seppo Parvi

Mr. Seppo Parvi has been Chief Financial Officer (CFO) and Member of the Group Leadership Team of Stora Enso Oyj since February 1, 2014. He joins the Company from Ahlstrom, where his most recent position was CFO and Executive Vice President of Food and Medical Business Area. Prior to that, Mr. Parvi served as CFO for Metsa Board (M-real), 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.

Per Lyrvall

Mr. Per Lyrvall has been Executive Vice President (EVP), Global Ethics and Compliance, General Counsel, Country Senior Executive, Sweden and 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 Bergvik Skog AB. He holds a Swedish Master of Laws degree.

Lars Haggstrom

Mr. Lars Haggstrom has been Executive Vice President, Global People and Organization as well as Member of the Group Leadership Team of Stora Enso Oyj since October 2010. Prior to joining the Company in 2010, he served as Head of Group Human Resources at Nordea Bank AB (2008-2010). In the past, he also worked in a number of managerial Human Resources (HR) positions at Gambro AB, AstraZeneca and Telia. He also held several HR roles at Eli Lilly & Co. (1995-2002), including Director of Human Resources in Latin America. Mr. Haggstrom holds a Bachelor of Science degree in Human Resources Development and Labor Relations.

Juan Bueno

Mr. Juan Carlos Bueno has been Executive Vice President (EVP), Biomaterials, at Stora Enso Oyj since January 16, 2012, as well as Member of the Company’s Group Leadership Team since April 1, 2011. He was Head of Latin America at the Company from April 1, 2011 until January 16, 2012. Earlier in his carrier, he held several Finance, Sales, Marketing and General Business management positions in DuPont, and most recently served as Vice President of the company’s Agricultural Products business in Brazil (2006-2011). Mr. Bueno is Chairman of the Board of Montes del Plata and Board Member of Veracel. He holds a Master of Science degree in Industrial Engineering.

Lauri Peltola

Mr. Lauri Peltola has been Executive Vice President, Global Identity, and Member of the Group Leadership Team of Stora Enso Oyj since March 19, 2012. He is also Country Senior Executive, Finland at the Company. He joined the Company in 2009. Prior to that, he was Head of Group Identity and Communications at Nordea, Communications Director at Metsaliitto Group and Global Media Relations Director at Nokia. He is Member of the Supervisory Board of Varma Mutual Pension Insurance Company.

Juha Vanhainen

Mr. Juha Vanhainen has been Executive Vice President, EUR 200 million Streamlining and Structure Simplification Program, Wood Supply Operations in Finland and Sweden, Energy, Logistics and Business Information Services at Stora Enso Oyj since June 30, 2013. He has also been Member of the Group Leadership Team of the Company since September 2007. He was Executive Vice President, Printing and Reading at the Company from January 17, 2012 until June 30, 2013, and has served as Country Manager Finland at the Company from 2008 until June 30, 2013. He was previously Executive Vice President of Publication Paper in the Company from 2009 until January 16, 2012. He joined Stora Enso in 1990 and has since held various managerial positions at the Company in Office Paper, Fine Paper, and Newsprint and Book Paper. Mr. Vanhainen has experience as Member of the Board of Directors of Stora Enso’s several subsidiaries. He is Chairman of the Board of Finnish Forest Industries Federation and Deputy Chairman of the Board of Pohjolan Voima Oy. Additionally, he serves as Member of the Supervisory Board of Ilmarinen Mutual Pension Insurance Company, and as Member of the Body of Representatives of the Confederation of Finnish Industries (EK), the Board of Confederation of European Paper Industries (CEPI). Mr. Vanhainen holds a Master of Science degree in Engineering.

Richard Nilsson

Anne Brunila

Ms. Anne Maritta Brunila has served as 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 Global Responsibility and Ethics Committee since April 2013. She is also Chairman of the Board of the International Chamber of Commerce Finland and Vice Chairman of the Board of Aalto University Foundation, 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 holds a Master of Science degree in Economics. She has been Chief Executive Officer of MW Brands as of 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 (2001–2012), 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 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 experience as Chairman of the Board of MEC Resources and as Member of the Boards of Santos Australia, BPH Energy, KS Distribution Pte Ltd and THISS Technologies Pte Ltd. Additionally, since 2007, he has been chairing the Board of Advent Energy Limited, an Australian oil and gas exploration company. Mr. Goh holds a Bachelor's degree (with honours) in Mechanical Engineering.

Birgitta Kantola

Ms. Birgitta Kantola has been Independent Member of the Board of Directors of Stora Enso Oyj since March 2005. She also chairs the Company’s Financial and Audit Committee. She has also been Member of Stora Enso’s Global Responsibility and Ethics Committee since April 2013. Ms. Kantola has executive experience as Executive Vice President of Nordic Investment Bank (1991-1995) and Vice President and Chief Financial Officer of International Finance Corporation (World Bank Group) (1995-2000). She serves as Member of the Board of Skandinaviska Enskilda Banken AB (publ) and Nobina AB. Ms. Kantola holds a Master of Legal Letters degree and an Honorary Doctorate degree in Economics.

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. 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. Earlier in his carrier, he served as Group Vice President, Ship Power at Wartsila (1999–2006), Managing Director of Wartsila NSD Singapore (1997–1998), and Vice President, Marine at Wartsila SACM Diesel (1992–1997). Mr. Makinen is Chairman of the Board of Moving Cargo. He has holds a Master of Science degree in Engineering.

Hans Straberg

Mr. Hans Straberg has been Independent Member of the Board of Directors of Stora Enso Oyj since April 2009. He also serves as Member of the Company’s Remuneration Committee. 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 chairs the Boards of Directors of Roxtec AB, Orchid First Holding AB and CTEK First Holding AB, and serves as Member on the Boards of Investor AB and N Holding AB. He has obtained a Master of Science degree in Engineering.

Ulla Paajanen-Sainio

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