Stora Enso Oyj: Changes in Stora Enso’s Group Leadership Team

Regulatory News:

Stora Enso appoints Malin Bendz as Executive Vice President, Human Resources and member of the Group Leadership Team

Stora Enso’s current EVP Human Resources Lars Häggström has decided to leave the company. After heading Stora Enso’s Human Resources for six years, he will take up the position of Executive in Residence at the Swiss-based business school IMD.

Malin Bendz, currently SVP Human Resources in Stora Enso’s Paper division, will be appointed as EVP Human Resources and member of the Group Leadership Team as of 1 November 2016. She has been with Stora Enso since year 2000, working in international human resources positions while being based in Sweden and Brazil. Furthermore, she has also worked in business development and purchasing. She holds a BSc degree in Personnel Management & Organisational Development and an MBA degree. Malin Bendz will be based in Stockholm.

"I am very happy to welcome Malin to our Group Leadership Team. With her extensive and diverse experience in the field of human resources, she will bring valuable insights to our business as we develop into a renewable materials growth company,” says Stora Enso’s CEO Karl-Henrik Sundström. "I would also like to thank Lars for his work in developing our human resources, especially in taking our leadership culture to a new level. I wish him all the best as he moves on to new challenges.”

A photo of Malin Bendz is available at: http://bmt.storaenso.com/l/JW2BkXv8SC8Z

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq 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. storaenso.com (http://www.storaenso.com/)

STORA ENSO OYJ

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20160925005063/en/