BillerudKorsnäs introducing changes to group management to focus on profitable growth

At its Capital Market Days, held on 14-15 November, BillerudKorsnäs presented a clear focus on profitable growth in its various business areas over the years going forward. To meet these expectations, the composition of the Group’s Senior Management Team (SMT) will change somewhat. At the same time an Extended Management Team (EMT) will be established, with a continued focus on integration and coordination of production/market.

Ulf Eliasson will take up the post of SVP Consumer Board, and Christer Simrén, who formerly headed both Consumer Board and Operations, will therefore focus exclusively on the responsibilities of COO and Operations. As Ulf Eliasson takes over as SVP Consumer Board, Magnus Kangas will become Mill Manager at Gävle. In addition, Henrik Essen will assume the role of SVP Communications and Sustainability. SMT will therefore consist of the following members:

President and CEO Per Lindberg, COO Christer Simrén, CFO Susanne Lithander, SVP Consumer Board Ulf Eliasson, SVP Containerboard Lennart Eberleh, SVP Packaging Paper Johan Nellbeck, SVP HR Karin Hågfeldt, SVP Communication and Sustainability Henrik Essén, SVP Forestry Uno Brinnen and SVP Strategic Development Magnus Wikström.

EMT will comprise the members of SMT, VP Business Support, VP Supply Chain, VP Operational Excellence and the Mill Managers for Finland, Frövi, Gruvön, Gävle, Skärblacka and Karlsborg.

All changes will take effect on 1 December 2013.

For further information, please contact:

Per Lindberg, President and CEO, +46 8 553 335 00

The information is such that BillerudKorsnäs Aktiebolag (publ) is obligated to publish under the Swedish Securities Market Act. Submitted for publication at 15.30 CET, 25 November 2013.

BillerudKorsnäs – Packaging manufacturers and brand owners are offered added value in the form of brand-strengthening, productivity-boosting and environment-enhancing packaging solutions. BillerudKorsnäs has a world-leading market position within primary fibre-based packaging paper. The company has annual sales of around SEK 20 billion and is listed on NASDAQ OMX Stockholm. www.billerudkorsnas.com

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