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Stora Enso reorganises its functions


2 February 2006, Stora Enso has revised its organisation and manning following the retirement of Yngve Stade, Senior Executive Vice President, Corporate Support and Country Manager Sweden, and the resignation of Arno Pelkonen, Senior Executive Vice President, Corporate Strategy and Emerging Markets.

The following changes have taken effect from 1 February 2006.

Finance and Strategy
Strategy, Mergers & Acquisitions, Business Intelligence, Investments and Corporate Affairs will be merged with Finance, Accounting, Legal and IR. The new staff function, Finance and Strategy, will be headed by Hannu Ryöppönen, CFO.

Latin America
The Latin America division, headed by Nils Grafström, Executive Vice President, Latin America, will report to Jukka Härmälä, CEO.

The following changes will take effect from 1 April 2006.

Corporate Technology and Asia Pacific
A new staff function, Corporate Technology and Asia Pacific, will be formed. It will be responsible for Energy Services, Corporate R&D, the Pulp Competence Centre, Asia Pacific and Russia. It will be headed by Markku Pentikäinen, currently Executive Vice President, Asia Pacific, and he will report to Jukka Härmälä, CEO.

Corporate Services
Corporate Services will include Corporate IT, HR, Business Excellence and Procurement and it will be headed by Christer Ågren, currently Senior Executive Vice President, Corporate IT, HR and Business Excellence. As already announced, Christer Ågren has been appointed Country Manager Sweden with effect from the same date.

Forest Products
Environment services will start reporting to Elisabet Salander Björklund, Senior Executive Vice President, Stora Enso Forest Products.

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