Stora Enso appoints a new CEO

The new boss takes over from the outgoing CEO at the beginning of December.

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File picture of new Stora Enso CEO Annica Bresky / Credit: Stora Enso

Finnish-Swedish paper company Stora Enso has appointed a new CEO.

Annica Bresky has been named to the top job, and takes over in early December from outgoing CEO Karl-Henrik Sundström.

The 44-year old Bresky is a Swede, and has been with the company since early 2001. She is currently President of Stora Enso Consumer Board Division.

“I am very honoured to have this opportunity. I am looking forward to continuing to build the future of Stora Enso together with our competent teams across the company” CEO-designate Bresky says in a statement.

“We are well positioned to grow with our customers and support their business with sustainable and innovative solutions. Together with my Stora Enso colleagues, our customers and our partners all over the world, we will accelerate our efforts as a front runner in combating global warming” she adds.

The company has had mixed fortunes recently, including falling earnings reported this summer, and negotiations to cut hundreds of jobs at plants in Oulu and Kitee.

In the spring Stora Enso announced plans to axe 400 out of 600 jobs at their mill in Oulu, and although the company plans to invest €350 million in new equipment to add production capability for a new type of cardboard, the plant will need fewer workers in future.

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