BillerudKorsnäs has appointed Lennart Holm, chairman of the company’s board, as its acting CEO.
Mr Holm takes over from Petra Einarsson as CEO with immediate effect. BillerudKorsnäs has begun the process to appoint a permanent successor to Ms Einarsson.
Mr Holm has been a board member at BillerudKorsnäs since 2012 and has been chairman since 2014. He has previously been, among others, the CEO and chairman of Perstorp Group and active in Stora Enso.
By assuming the role of acting CEO, Mr Holm has freed up the position of chairman of the board at BillerudKorsnäs, with Jan Åström replacing him in this position.
Mr Åström has served on the BillerudKorsnäs board since 2018. He has previously served as CEO of Ahlstrom Munksjö, SCA and MoDo Paper.
On the decision to replace Ms Einrsson, Mr Åström said, ‘BillerudKorsnäs has a historic opportunity to actively contribute to the transition towards a more resource efficient and sustainable packaging industry. It is the view of the board of directors that the company has not developed at the expected pace.
‘The board thanks Petra Einarsson for her contribution to BillerudKorsnäs. During her leadership, the installation of KM 7 has been completed, Bergvik Skog Öst has been divested, the strategy has been reviewed and a program to further improve health and safety has been initiated.’
Mr Holm added, ‘We are well positioned for success. The strategy is clear and the entire organisation must now focus to implement it at a high pace to further create value for our shareholders, customers and our stakeholders.’
