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Stora Enso appoints a new CFO and a new EVP Packaging Solutions division

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Stora Enso (SEOAY) has announced key leadership changes, appointing Niclas Rosenlew as the new Group Chief Financial Officer and Carolyn Wagner as Executive Vice President of the Packaging Solutions division. Both will join the company by January 2025, replacing Seppo Parvi and Ad Smit, respectively.

Rosenlew, currently CFO at SKF, brings extensive experience in finance and international organizations. Wagner, presently Divisional CEO of Packaging at Klingele Paper & Packaging Group, offers strong industry insight. These appointments aim to support Stora Enso's growth transition and enhance its packaging solutions business.

Stora Enso, a leading provider of renewable products in packaging, biomaterials, and wooden construction, reported sales of EUR 9.4 billion in 2023 and employs approximately 20,000 people globally.

Stora Enso (SEOAY) ha annunciato importanti cambiamenti nella leadership, nominando Niclas Rosenlew come nuovo Chief Financial Officer del Gruppo e Carolyn Wagner come Vice Presidente Esecutivo della divisione Soluzioni di Imballaggio. Entrambi entreranno in azienda entro gennaio 2025, subentrando a Seppo Parvi e Ad Smit, rispettivamente.

Rosenlew, attualmente CFO presso SKF, porta con sé una vasta esperienza nel settore finanziario e nelle organizzazioni internazionali. Wagner, attualmente CEO della divisione Imballaggio presso Klingele Paper & Packaging Group, offre una forte esperienza del settore. Queste nomine mirano a supportare la transizione di crescita di Stora Enso e a potenziare il business delle soluzioni di imballaggio.

Stora Enso, un fornitore leader di prodotti rinnovabili nel settore dell'imballaggio, dei biomateriali e della costruzione in legno, ha riportato vendite di 9,4 miliardi di euro nel 2023 e impiega circa 20.000 persone a livello globale.

Stora Enso (SEOAY) ha anunciado cambios clave en la dirección, nombrando a Niclas Rosenlew como nuevo Director Financiero del Grupo y a Carolyn Wagner como Vicepresidenta Ejecutiva de la división de Soluciones de Embalaje. Ambos se unirán a la empresa para enero de 2025, reemplazando a Seppo Parvi y Ad Smit, respectivamente.

Rosenlew, actualmente CFO en SKF, aporta una amplia experiencia en finanzas y organizaciones internacionales. Wagner, actual CEO divisional de Embalaje en Klingele Paper & Packaging Group, ofrece una sólida visión del sector. Estas nominaciones tienen como objetivo apoyar la transición de crecimiento de Stora Enso y mejorar su negocio de soluciones de embalaje.

Stora Enso, un proveedor líder de productos renovables en empaques, biomateriales y construcción de madera, reportó ventas de 9.4 mil millones de euros en 2023 y emplea a aproximadamente 20,000 personas en todo el mundo.

스토라 엔소(Stora Enso, SEOAY)는 핵심 리더십 변화를 발표하며 니클라스 로젠레우를 새로운 그룹 CFO로, 캐롤린 와그너를 포장 솔루션 부문의 전무 부사장으로 임명했습니다. 두 사람은 각각 세포 파르비와 아드 스밋을 대체하여 2025년 1월까지 회사에 합류할 예정입니다.

로젠레우는 현재 SKF의 CFO로 재직 중이며, 금융 및 국제 조직에서의 방대한 경험을 가지고 있습니다. 와그너는 현재 클링겔 페이퍼 & 포장 그룹의 포장 부문 CEO로 활동 중이며, 강력한 업계 통찰력을 제공합니다. 이러한 인사는 스토라 엔소의 성장 전환을 지원하고 포장 솔루션 사업을 향상시키기 위한 것입니다.

스토라 엔소는 포장, 바이오 소재 및 목재 건축 분야의 재생 가능 제품을 제공하는 선도 기업으로, 2023년 매출은 94억 유로를 기록했으며, 전 세계적으로 약 20,000명의 직원을 고용하고 있습니다.

Stora Enso (SEOAY) a annoncé des changements clés dans sa direction, nommant Niclas Rosenlew nouveau directeur financier du groupe et Carolyn Wagner vice-présidente exécutive de la division des solutions d'emballage. Tous deux rejoindront l'entreprise d'ici janvier 2025, remplaçant respectivement Seppo Parvi et Ad Smit.

Rosenlew, actuellement CFO chez SKF, apporte une vaste expérience dans le domaine financier et au sein d'organisations internationales. Wagner, actuellement PDG de la division Emballage chez Klingele Paper & Packaging Group, offre une forte connaissance du secteur. Ces nominations visent à soutenir la transition de croissance de Stora Enso et à améliorer son activité dans le domaine des solutions d'emballage.

Stora Enso, un fournisseur leader de produits renouvelables dans l'emballage, les biomatériaux et la construction en bois, a enregistré des ventes de 9,4 milliards d'euros en 2023 et emploie environ 20 000 personnes dans le monde.

Stora Enso (SEOAY) hat wichtige Führungswechsel angekündigt und Niclas Rosenlew zum neuen Chief Financial Officer des Unternehmens sowie Carolyn Wagner zur Geschäftsführerin der Verpackungslösungsdivision ernannt. Beide werden bis Januar 2025 zum Unternehmen kommen und die Stellen von Seppo Parvi beziehungsweise Ad Smit übernehmen.

Rosenlew, der derzeit CFO bei SKF ist, bringt umfassende Erfahrungen im Finanzwesen und in internationalen Organisationen mit. Wagner, die derzeitige Divisional CEO für Verpackungen bei der Klingele Paper & Packaging Group, bietet starke Branchenkenntnisse. Diese Ernennungen zielen darauf ab, den Wachstumstransition von Stora Enso zu unterstützen und das Geschäft mit Verpackungslösungen zu verbessern.

Stora Enso, ein führender Anbieter von erneuerbaren Produkten in den Bereichen Verpackungen, Biomaterialien und Holzbau, erzielte im Jahr 2023 einen Umsatz von 9,4 Milliarden Euro und beschäftigt weltweit etwa 20.000 Mitarbeiter.

Positive
  • Appointment of experienced CFO Niclas Rosenlew with background in listed companies
  • Addition of Carolyn Wagner with strong packaging industry expertise
  • Strategic moves to support company's growth transition and value creation
  • Strengthening of leadership team to advance packaging solutions business
Negative
  • Potential disruption due to leadership changes
  • Transition period until January 2025 for new executives to join

STORA ENSO OYJ STOCK EXCHANGE RELEASE 24 July 2024 at 8:00 EEST

HELSINKI, July 24, 2024 /PRNewswire/ -- Stora Enso has appointed Niclas Rosenlew Group Chief Financial Officer. He will replace Seppo Parvi, who has previously announced that he will leave Stora Enso to continue his career outside the Company. Stora Enso has also appointed Carolyn Wagner Executive Vice President, Packaging Solutions division. She will replace Ad Smit who will retire. They will join Stora Enso latest in January 2025 and be members of Stora Enso's Group Leadership Team.

Niclas Rosenlew is currently Group CFO at the Swedish stock-listed industrial company SKF, a position held since 2019. Prior to his current role, he held a CFO position at Basware, and senior finance positions at Microsoft and Nokia. Niclas holds a Master of Science degree in Finance.

"I am delighted to welcome Niclas Rosenlew to the role as Stora Enso's new CFO. Niclas has extensive experience in leading, developing and reshaping large international organisations. His solid background in CFO and other senior positions in listed companies will be immensely valuable in Stora Enso's continued growth transition, value creation and in reaching our financial targets. I would like to express our utmost gratitude to our current CFO Seppo Parvi for his dedicated service over the past decade and wish him success in his new professional role," says Stora Enso's President and CEO Hans Sohlström.

Carolyn Wagner is currently Divisional CEO of the Packaging Division at the German Klingele Paper & Packaging Group. Prior to her current role, she has held senior positions at other European corrugated packaging companies, amongst others, DS Smith and SCA. Carolyn holds a degree of Graduate Engineer Packaging Technology.

"Carolyn's strong packaging industry insight will be important in developing and advancing our packaging solutions business. I would like to thank Ad Smit for his key role in integrating De Jong Packaging Group into our existing packaging solutions business after the acquisition, and wish him all the best for the future," Sohlström says.

"I am thrilled about the opportunity to join Stora Enso and, as part of the team, contribute to its success," says Niclas Rosenlew.

"It is with great pleasure that I take up my new position in Stora Enso. With exciting opportunities ahead, our goal is to lead the industry, enhance sustainable growth, and offer superior global products and services," says Carolyn Wagner.

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors  

STORA ENSO OYJ

For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349 

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stora-enso-oyj/r/stora-enso-appoints-a-new-cfo-and-a-new-evp-packaging-solutions-division,c4018003

The following files are available for download:

https://news.cision.com/stora-enso-oyj/i/niclas-rosenlew,c3321359

Niclas Rosenlew

https://news.cision.com/stora-enso-oyj/i/carolyn-wagner,c3321360

Carolyn Wagner

 

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SOURCE Stora Enso Oyj

FAQ

Who is the new CFO of Stora Enso (SEOAY)?

Niclas Rosenlew has been appointed as the new Group Chief Financial Officer of Stora Enso (SEOAY), replacing Seppo Parvi.

When will the new executives join Stora Enso (SEOAY)?

The new executives, Niclas Rosenlew and Carolyn Wagner, will join Stora Enso (SEOAY) by January 2025 at the latest.

What was Stora Enso's (SEOAY) sales figure in 2023?

Stora Enso (SEOAY) reported sales of EUR 9.4 billion in 2023.

Who is the new Executive Vice President of Packaging Solutions at Stora Enso (SEOAY)?

Carolyn Wagner has been appointed as the new Executive Vice President of the Packaging Solutions division at Stora Enso (SEOAY).

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