Stora Enso's Board of Directors has appointed Karl-Henrik Sundström, 54, as the new CEO of the Company as of 1 August 2014. He is currently Executive Vice President and Head of the Printing and Living Division of Stora Enso.
"Karl-Henrik Sundström has wide global experience in manufacturing industry and a solid background in financial management. As an internal choice, he brings continuity to the management of the Company and to the strategic path the Company has chosen," says Chairman of the Board of Directors Gunnar Brock.
"During my two years with Stora Enso I have got to know a company with a strong market position and great potential. I am looking forward to continuing to build the future of Stora Enso together with the whole team of competent and committed employees around the world," says the new CEO Karl-Henrik Sundström.