Monday, September 16, 2024
Stora Enso has appointed Pasi Kyckling as acting CFO, effective from November 01, 2024 until Niclas Rosenlew officially assumes the position, no later than January 2025. This follows the earlier announcement in May that current CFO Seppo Parvi will be transitioning to a role outside the forest industry.
Currently serving as Group Transformation Officer, Pasi Kyckling oversees Stora Enso’s initiatives aimed at enhancing profitability and cash flow. Having joined the company in 2001, he has held various leadership positions in finance, strategy, and IT within the Biomaterials division, Group Treasury, and Group Controlling, among others. 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. They create value with their low-carbon and recyclable fiber-based products, through which they support their customers in meeting the demand for renewable sustainable products.
Stora Enso has approximately 20,000 employees and the company’s 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).
Stora Enso is dedicated to be the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. They create better choices for society by accelerating the transition to a circular bioeconomy.
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