Stora Enso Appoints Micaela Thorström as EVP, People and Legal, and Expands CFO Niclas Rosenlew’s Responsibilities

Stora Enso Appoints Micaela Thorström as EVP, People and Legal, and Expands CFO Niclas Rosenlew’s Responsibilities

(IN BRIEF) Stora Enso has announced leadership changes effective 1 January 2026. Micaela Thorström will become Executive Vice President, People and Legal, General Counsel, expanding her current role overseeing the company’s legal functions. Chief Financial Officer Niclas Rosenlew will take on additional duties, representing Communications and Brand in the Group Leadership Team. The restructuring follows the planned departure of Executive Vice President, People and Communication, Katariina Kravi, who will leave Stora Enso at the end of 2025 to pursue new career opportunities. These updates are part of Stora Enso’s strategy to ensure strong leadership continuity and alignment across its business functions.

(PRESS RELEASE) HELSINKI, 23-Oct-2025 — /EuropaWire/ — Stora Enso has announced key leadership changes that will take effect on 1 January 2026, reflecting the company’s ongoing commitment to strengthening its executive management structure. Micaela Thorström has been appointed Executive Vice President, People and Legal, General Counsel. She has been a member of Stora Enso’s Group Leadership Team since 2023, where she has served as Executive Vice President, Legal and General Counsel. In her expanded role, she will lead the company’s People and Legal functions, continuing to contribute her strategic expertise in governance and organizational development.

Additionally, Chief Financial Officer Niclas Rosenlew will take on further responsibilities within the Group Leadership Team, representing the Communications and Brand divisions alongside his existing financial duties. This adjustment aims to ensure seamless coordination across Stora Enso’s key operational areas, aligning communication and financial strategies to support the company’s long-term business objectives.

The leadership reshuffle follows the earlier announcement that Katariina Kravi, Executive Vice President, People and Communication, will depart Stora Enso at the end of 2025 to pursue new professional opportunities. Kravi’s leadership has played a central role in shaping Stora Enso’s culture and internal communications, and the company extends its appreciation for her significant contributions over the years.

These changes mark another step in Stora Enso’s ongoing efforts to build a future-focused leadership team equipped to guide the company through the evolving global landscape of renewable materials, innovation, and sustainable business growth.

The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. In 2024, Stora Enso had approximately 19,000 employees, and the Group sales were EUR 9 billion. Stora Enso’s shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com

For further information, please contact:
Hanna Rutanen
SVP Communications
tel. +358 41 507 1361

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061

SOURCE: STORA ENSO OYJ