Holmen strengthens Group management – CORRECTION

Correction regarding incorrect reference to MAR in the press release. The previous press release contained an incorrect reference to the EU Market Abuse Regulation. The information concerning the change of CFO is not considered inside information and the reference to MAR has been removed.

In order to further strengthen Holmen's position and competitiveness, Anders Jernhall, Deputy CEO and CFO, will focus on strategic issues in the dedicated role as Deputy CEO. Stefan Loréhn will take over as new CFO in the spring of 2025.

– By streamlining the roles in this way, we strengthen the ability to develop the Group, says Henrik Sjölund, President and CEO of Holmen. With his analytical ability and strategic vision, Anders is central to Holmen's development. Stefan Loréhn is a familiar Holmen colleague who, with his experience and profile, will take on the role of CFO in an excellent way, Henrik Sjölund continues.

Stefan Loréhn is currently CFO at LKAB and has a long history at Holmen before that.

– Our business concept, to own and add value to the forest, is in line with the times, but the transition to a fossil-free world is challenging to navigate. Being able to spend more time on Holmen's long-term development therefore feels very important, says Anders Jernhall. Stefan Loréhn and I have worked closely for many years and he will be a good addition to the Group management, continues Anders.

For more information, please contact: 
Stina Sandell, Senior Vice President Sustainability and Communications, +46 739 86 51 12

Holmen’s business is built around the forest ecocycle and the renewable products we can create from it. With a workforce of 3 500 people, we create value for shareholders, customers and society. Holmen's net sales in 2023 amounted to just under SEK 23 billion and our shares are listed on Nasdaq Stockholm, Large Cap. Please visit holmen.com for more information.