Breaking News

Changes at Stora Enso

April 5, 2012

Stora Enso is appointing three new members to its group executive team. At the same time three current members will leave the teamto take new positions inside and outside the company. Karl-Henrik Sundstrom has been appointed CFO, effective August 1. He joins Stora Enso from the Dutch semiconductor company NXP, the former Philips semiconductors business located in Eindhoven. Sundstrom has spent most of his career with the Swedish telecommunications company Ericsson, building his career fromLatinAmerica and managing the company’s business in Australia to finally becoming head of global services and later executive vice president and CFO of Ericsson AB. Head of Stora Enso global identity Lauri Peltola and general counsel Per Lyrvall were also made new members of the group executive team, effective immediately.

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