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BillerudKorsnäs names new president and CEO

BillerudKorsnäs has appointed a new president and CEO of the company, effective November 1, 2020.

The board of directors has named Christoph Michalski to succeed Lennart Holm, who has been acting president and CEO since November 2019.

Since 2015, Michalski has been the CEO and executive director of Vinda International Holding Ltd., an Asian producer of tissue and hygiene products publicly listed on the Stock Exchange of Hong Kong.

Before that, he has held various senior executive positions within the SCA group and he also has experience from the FMCG sector working for Unilever and Fonterra.

Michalski is a German national with a master’s degree in economics from the Christian Albrechts University of Kiel in Germany.

“It is with great pleasure we can present Christoph Michalski as the new president and CEO of BillerudKorsnäs,” says Jan Åström, chairman of the board, in a statement.

“Christoph is a strong leader and experienced CEO from the forest products industry, with a track record of leading transformational journeys towards customer and innovation focus in a global context. His international experience is hard to match, and with his proven ability to create shareholder value through profitable growth, I am convinced that Christoph is a leader that can continue and accelerate the strategic journey of BillerudKorsnäs to secure long-term value creation,” says Åström.

“I also want to take this opportunity to thank Lennart Holm for a very well-executed assignment as acting CEO.”

Holm will remain with the company as an advisor until the end of 2020.