Essity Chairman Pär Boman declines re-election

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Pär Boman has declined re-election as Chairman of Essity’s Board of Directors. He will remain as Chairman of the Board until March 2024. 

“I have today informed Essity’s Nomination Committee that I intend to step down in conjunction with next year’s Annual General Meeting,” says Pär Boman, Chairman of Essity’s Board. 

Essity was listed on Nasdaq Stockholm in 2017 and is today a global hygiene and health company. In 2022, Essity’s sales amounted to SEK 156bn, and it is one of Sweden’s largest companies. Sales are conducted in 150 countries with leading brands such as TENA, Tork, Actimove, JOBST, Knix, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Vinda and Tempo. Every day, one billion people across the globe have skin contact with a product from Essity!

“It has been highly inspirational to work together with Essity’s management and 48,000 employees and contribute to the company’s development, which has included comprehensive market, product and innovation development, digital transformation activities, strong e-commerce growth and leading sustainability work. The company is now well on its way to achieving a 17% return on capital employed by 2025,” says Pär Boman.

For further information, please contact:
Per Lorentz, Vice President Corporate Communications,
+46 733 13 30 55, per.lorentz@essity.com

Essity is a global, leading hygiene and health company. We are dedicated to improving well-being through our products and services. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as Actimove, JOBST, Knix, Leukoplast, Libero, Libresse, Lotus, Modibodi, Nosotras, Saba, Tempo, TOM Organic, Vinda and Zewa. Essity has about 48,000 employees. Net sales in 2022 amounted to approximately SEK 156bn (EUR 15bn). The company’s headquarters is located in Stockholm, Sweden, and Essity is listed on Nasdaq Stockholm. Essity breaks barriers to well-being and contributes to a healthy, sustainable and circular society. More information at www.essity.com.