Stora Enso Appoints Niclas Rosenlew as CFO and Carolyn Wagner as EVP of Packaging Solutions

Stora Enso Appoints Niclas Rosenlew as CFO and Carolyn Wagner as EVP of Packaging Solutions

(IN BRIEF) Stora Enso has appointed Niclas Rosenlew as the new Group Chief Financial Officer and Carolyn Wagner as the Executive Vice President of the Packaging Solutions division. Both will join the company by January 2025, bringing extensive experience and industry insight to support Stora Enso’s growth and strategic goals.

(PRESS RELEASE) HELSINKI, 24-Jul-2024 — /EuropaWire/ — Stora Enso has announced the appointment of Niclas Rosenlew as the Group Chief Financial Officer and Carolyn Wagner as the Executive Vice President of the Packaging Solutions division. Niclas Rosenlew will replace Seppo Parvi, who has decided to pursue his career outside the company, while Carolyn Wagner will take over from Ad Smit, who will be retiring. Both appointments will take effect by January 2025, and they will join Stora Enso’s Group Leadership Team.

New Leadership to Drive Financial and Strategic Growth

Niclas Rosenlew, currently the Group CFO at SKF, a Swedish industrial company, brings extensive experience in leading and reshaping large international organizations. He has previously held senior finance positions at Basware, Microsoft, and Nokia. Niclas holds a Master of Science degree in Finance.

Hans Sohlström, President and CEO of Stora Enso, expressed his enthusiasm for the new appointment, stating, “I am delighted to welcome Niclas Rosenlew to the role of Stora Enso’s new CFO. Niclas has extensive experience in leading, developing, and reshaping large international organizations. 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.”

Enhancing Packaging Solutions

Carolyn Wagner, who currently serves as the Divisional CEO of the Packaging Division at Klingele Paper & Packaging Group in Germany, brings deep industry insight to her new role. She has held senior positions at several European corrugated packaging companies, including DS Smith and SCA. Carolyn holds a degree in Graduate Engineer Packaging Technology.

Hans Sohlström highlighted Carolyn’s expertise, stating, “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.”

Both Niclas and Carolyn expressed their excitement about joining Stora Enso. Niclas Rosenlew said, “I am thrilled about the opportunity to join Stora Enso and, as part of the team, contribute to its success.” Carolyn Wagner added, “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.”

About Stora Enso

As a 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. The company employs approximately 20,000 people and reported sales of EUR 9.4 billion in 2023. Stora Enso shares are listed on Nasdaq Helsinki Oy and Nasdaq Stockholm AB, and are also traded on OTC Markets in the USA.

For more information, visit Stora Enso’s Investor Page.

Media Contacts:

Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349

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

SOURCE: STORA ENSO OYJ