FINLAND - Stora Enso’s Board of Directors has appointed Annica Bresky, 44, as the new President and CEO of the company as of 1 December 2019. Until then, Stora Enso’s current CEO Karl-Henrik Sundström continues in his position. Bresky is currently Head of Stora Enso’s Consumer Board division.

Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. The company believes that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26,000 employees in over 30 countries. Sales in 2018 were EUR 10.5 billion.

“We are very happy to welcome Annica Bresky into her new position. Annica brings extensive experience of our industry and has a solid business background. We consider her the most suitable person to continue developing Stora Enso’s strategy and businesses. She has a proven track record of driving growth and operational excellence and has a strong focus on customers and innovations. She is well equipped to lead the transformation of our sustainable renewable materials company,” says Stora Enso’s Chair of the Board of Directors, Jorma Eloranta.

“I am very honored to have this opportunity. I am looking forward to continuing to build the future of Stora Enso together with our competent teams across the company. We are well positioned to grow with our customers and support their business with sustainable and innovative solutions. Together with my Stora Enso colleagues, our customers and our partners all over the world, we will accelerate our efforts as a front runner in combatting global warming,” says Annica Bresky, CEO-designate.

“Karl-Henrik has been the driving force in developing Stora Enso into an industry leader in sustainability and innovation. The Board of Directors highly appreciates his valuable contributions during his years with the company,” Jorma Eloranta concludes.