Management

Executive Management Group (EMG)

The Executive Management Group is chaired by the CEO. The EMG members are appointed by the Board. Currently, it consists of the Deputy CEO and three product area heads (Paper, Packaging Boards and Forest Products), three divisional heads (Publication Paper, Fine Paper and North America) and the heads of Finance (CFO) and Corporate Support.

The EMG’s tasks and responsibilities are investment planning and follow-up, control of mergers and acquisitions and divestments, preparation of strategic guidelines, allocation of resources, review of key day-to-day operations and operational decisions, preparatory work with regard to Board meetings and review of the main features of the sales network.

The EMG meets regularly, approximately once a month, and as required.

In 2004

The Executive Management Group had 10 members and convened 19 times. Important items on the agenda in 2004 were finalising restructuring of the ownership of forestlands in Sweden and Canada, the divestment of the Finnantara plantation interest in Indonesia and acquisition of 66% ownership of the Polish packaging producer Intercell S.A. 

Management Group (MG)

The tasks and responsibilities of the Management Group are to review the budget, Company strategy and business development.

The MG is chaired by the CEO. The MG consists of members of the EMG and additional members appointed by the CEO.

The MG meets approximately four times a year.

In 2004

The Management Group had 25 members and convened four times.
 

 

 

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