The Board of Directors of Stora Enso has appointed Hans Sohlström as the new President and CEO, with immediate effect.
Sohlström (pictured left) is currently a member of Stora Enso’s Board of Directors from which position he is stepping down from. Stora Enso’s Board of Directors will now have eight members.
“Hans Sohlström has shown strong business acumen and leadership skills in his previous positions. He has extensive experience in the forest industry and has gained strong insight into Stora Enso after serving more than two years on its Board of Directors. The Board of Directors is confident that Hans Sohlström is the right person to lead Stora Enso through the current challenging market environment towards achieving the long-term financial goals,” says Kari Jordan, Chair of the Board of Directors, Stora Enso.
“I would like to thank the Board of Directors for its confidence in me. Stora Enso is a company whose purpose, values and heritage I strongly support and believe in. It has strong foundations and many growth opportunities. I look forward to working together with my new colleagues in leading our profit turn-around, increasing shareholder value and delivering on our commitment as the renewable materials company,” says Sohlström.
Annica Bresky leaves her position as the President and CEO to pursue new challenges outside of Stora Enso. “On behalf of the Board of Directors, I would like to sincerely thank Annica Bresky for her leadership and achievements during the past four years. Under her leadership, Stora Enso has made significant structural changes to strengthen its long-term competitiveness in line with its strategy. We wish her all the best for her future endeavours,” says Jordan.
