Stora Enso Appoints New CFO and New EVP Packaging Solutions Division

July 24, 2024 - Stora Enso has appointed Niclas Rosenlew as Group Chief Financial Officer. He will replace Seppo Parvi, who has previously announced that he will leave Stora Enso to continue his career outside the company.

Stora Enso has also appointed Carolyn Wagner as Executive Vice President, Packaging Solutions division. She will replace Ad Smit who will retire.

Rosenlew and Wagner will join Stora Enso in January 2025 at the latest and be members of Stora Enso's Group Leadership Team.

Rosenlew is currently Group CFO at the Swedish stock-listed industrial company SKF, a position held since 2019. Prior to his current role, he held a CFO position at Basware, and senior finance positions at Microsoft and Nokia. He holds a Master of Science degree in Finance.

"I am delighted to welcome Niclas Rosenlew to the role as Stora Enso's new CFO," said Hans Sohlström, President and CEO of Stora Enso. "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," Sohlström added.

Wagner is currently Divisional CEO of the Packaging Division at the German Klingele Paper & Packaging Group. Prior to her current role, she has held senior positions at other European corrugated packaging companies, amongst others, DS Smith and SCA. She holds a degree of Graduate Engineer Packaging Technology.

"Carolyn's strong packaging industry insight will be important in developing and advancing our packaging solutions business," Sohlström said. "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."

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.

SOURCE: Stora Enso