Stora Enso Oyj - Changes board/management/auditors

Stora Enso appoints two new members to the Group Leadership Team

Helsinki, Finland, 2015-03-06 08:00 CET (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 6 March 2015 at 9.00 EET 

Stora Enso has appointed Gilles van Nieuwenhuyzen as Executive Vice President
of the Packaging Solutions division and Markus Mannström as Chief Technology
Officer (CTO) to head up the new Group Technology function. They will be
members of the Group Leadership Team, with the appointments being effective as
of 16 March 2015. 

Gilles van Nieuwenhuyzen is a Dutch citizen with extensive global business
leadership experience in several industries, including food ingredients,
biotechnology, chemicals and polymers. Most recently, since 2010, he has been
working as President of the Enablers division at DuPont Nutrition & Health
(formerly Danisco), based in Denmark. Previously, he worked in senior
management positions at among others the Dutch food ingredients group CSM (now
Corbion), Rexam (in coated films and papers), and DSM (in chemicals and
polymers). Earlier, he worked at McKinsey & Company. He holds an MSc degree in
Applied Physics and an MBA from INSEAD. Gilles van Nieuwenhuyzen will be based
in Stockholm. 

Markus Mannström is a Finnish citizen who has been at Stora Enso since 2001,
working on several large investment and R&D projects, most recently as General
Manager of Stora Enso's Guangxi project in China. Prior to this, he held the
position of SVP, Investments and Operations in Stora Enso's Renewable Packaging
division, where he also bore responsibility for R&D. From 2006 to 2009, he was
responsible for Stora Enso's investment processes, including fund allocation,
project development and steering projects in progress. From 2001 to 2005, he
was involved in two major paper machine investment projects. 

Markus Mannström will head up the new Group Technology function, which will be
responsible for coordinating Stora Enso's R&D and innovation agendas, managing
the Group's investment processes, and leading Energy Services. He has an MSc
degree in Paper Technology and is based in Helsinki. 

“It is a great pleasure to welcome Gilles van Nieuwenhuyzen and Markus
Mannström to the Stora Enso team. Throughout his career, Gilles has
demonstrated a strong track record of accelerating growth through business
development and market-oriented innovation. This is the type of experience we
need to transform Stora Enso into a renewable materials growth company. Markus'
solid background in technology, investments and R&D is a valuable addition to
our team. I am also pleased that we are able to nominate a current Stora Enso
leader to this new key position,” says Stora Enso's CEO, Karl-Henrik Sundström. 

“I would like to thank Hannu Alalauri, who has been leading the Packaging
Solutions division, for his strong contribution in developing our innovative
fibre-based packaging. Hannu has had a long career in our paper and packaging
businesses holding several key leadership positions and has been a valued
member of our team. He has decided to look for opportunities outside Stora
Enso,” says Sundström. 

Photos of Gilles van Nieuwenhuyzen and Markus Mannström are available at:
http://bmt.storaenso.com/?cart=1030-biffljcejg&l=EN 


For further information, please contact:
Ulrika Lilja, EVP Global Communications, tel. +46 1046 71668

www.storaenso.com
www.storaenso.com/investors


Stora Enso is a leading provider of renewable solutions in packaging,
biomaterials, wood and paper on global markets. Our aim is to replace
non-renewable materials by innovating and developing new products and services
based on wood and other renewable materials. We employ some 27 000 people in
more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso
shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A,
STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the
International OTCQX over-the-counter market. 

STORA ENSO OYJ