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Changes in Stora Enso’s Group Leadership Team

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 3 May 2017 at 9.00 EEST

Markus Mannström appointed head of Stora Enso’s Biomaterials division

Stora Enso has appointed Markus Mannström Executive Vice President for the Biomaterials division as of 1 June 2017. He has been the group’s Chief Technology Officer (CTO) and a member of the Group Leadership Team since 2015. Mannström will replace Juan Carlos Bueno, who has served as Executive Vice President since 2011 and led the Biomaterials division since its creation in 2012, and who will now leave Stora Enso to find new challenges outside the company.

“I would like to thank Juan for his contributions in taking our Biomaterials business forward and developing our new business opportunities. I wish him all the best in his future career. And I am happy to welcome Markus to take this new opportunity in accelerating the development of one of our strategic growth businesses,” says Stora Enso’s CEO Karl-Henrik Sundström.

Markus Mannström has been at Stora Enso since 2001, working on several large investment and R&D projects, including General Manager of Stora Enso’s Guangxi project in China. He is currently heading the group’s technology, investment and R&D function. He has an MSc degree in Paper Technology and is based in Helsinki.

The future of the CTO function will be communicated in due course.

For further information, please contact:
Ulrika Lilja, EVP, Communications, tel. +46 72 221 9228

Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 40 763 8767

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil-based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com 

STORA ENSO OYJ 

For further information, please contact:
Ulrika Lilja
EVP, Communications
tel. +46 72 221 9228

Investor enquiries:
Ulla Paajanen-Sainio
SVP, Investor Relations
tel. +358 40 763 8767

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