Stora Enso Unveils Proposed Leadership Team for New Forest Asset Company

Stora Enso Unveils Proposed Leadership Team for New Forest Asset Company

(IN BRIEF) Stora Enso Oyj has proposed a six-member Board of Directors for its planned new forest asset company, which is expected to be demerged and launched as an independent entity in the first half of 2027. The proposed board brings together extensive expertise in forestry, finance, investment management, sustainability, and strategic marketing, and is intended to provide strong governance from the outset. Subject to shareholder approval at an Extraordinary General Meeting, the board will guide the new company’s long-term strategy and sustainable growth as a major forest owner in the Nordic region.

(PRESS RELEASE) HELSINKI, 9-Jan-2026 — /EuropaWire/ — Stora Enso Oyj has announced the proposed members of the Board of Directors for its planned new forest asset company, which is expected to be demerged from Stora Enso and established as an independent entity in the first half of 2027. The proposed board is intended to serve as the inaugural governing body of the new company, subject to shareholder approval of the demerger plan.

Marcus Wallenberg, Chair of Stora Enso’s Shareholders’ Nomination Board, said the proposed board composition reflects a deliberate focus on governance strength and long-term value creation. He highlighted the nominees’ broad expertise across forestry, finance, investment management, energy, sustainability, and strategic marketing, noting that this mix of skills is expected to support the new company’s commitment to responsible forest ownership and sustainable growth.

The proposed Chair of the Board is Johan Trolle-Löwen, a seasoned business executive with a long-standing focus on forestry and industrial management. He brings extensive leadership experience from roles including Chief Executive Officer of Sjösa Förvaltnings AB and previous executive positions within the industrial sector, alongside board-level experience in forestry and financial institutions.

Jannica Fagerholm has been proposed as Vice Chair of the Board. With a strong background in finance and investment management, she currently serves as Managing Director of the Signe and Ane Gyllenberg Foundation and holds several board and vice chair positions in leading Nordic companies. Her experience spans private banking, insurance investment management, and institutional ownership.

The proposed board also includes Helen Fasth Gillstedt, an experienced board professional with a background in energy, finance, and sustainability, and Magnus Fernström, whose expertise combines investment management, financial analysis, and forestry. Fernström currently serves as Investment Director at FAM and has previously advised the Swedish government on enterprise matters.

Timo Mäkinen has been nominated as a board member bringing a younger generation perspective, with experience in investment management and strategy consulting. He currently works as an Investment Manager at Solidium Oy, following earlier roles at Boston Consulting Group and EY.

Catharina Stackelberg-Hammarén completes the proposed board lineup, contributing extensive experience in strategic marketing, brand development, and commercial execution. Her career includes senior leadership roles across the Nordic and Baltic regions, as well as multiple chair and board positions in listed companies.

The proposed Board of Directors will be formally nominated in the demerger plan and presented for approval at an Extraordinary General Meeting of Stora Enso Oyj, which will take place prior to completion of the demerger. If approved, the board will assume responsibility for guiding the new forest asset company from its inception as a standalone entity.

Forests remain central to Stora Enso’s long-term strategy and identity. The company continues to build its business on the belief that renewable, wood-based materials can replace fossil-based alternatives. As a leading global provider of renewable solutions in packaging, biomaterials, and wooden construction, and one of the world’s largest private forest owners, Stora Enso employs approximately 19,000 people and reported sales of EUR 9 billion in 2024. Its shares are listed on Nasdaq Helsinki and Nasdaq Stockholm, with additional trading in the United States.

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SVP Communications
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Jutta Mikkola
SVP Investor Relations
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SOURCE: Stora Enso