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Jyrki Tammivuori Appointed as Acting CFO of Stora Enso

HELSINKI, Finland, May 31, 2013 (GLOBE NEWSWIRE) -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 31 May 2013 at 15.30 EET

Stora Enso Group Treasurer, Jyrki Tammivuori, has been appointed as acting Chief Financial Officer as of 1 July 2013. As announced in April, the current CFO, Karl-Henrik Sundstrom, will head the new Printing and Living Division combining the current Printing and Reading Business Area and Building and Living Business Area from the beginning of July. The process of recruiting a new CFO is advancing.

From 1 July 2013 onwards the Stora Enso Group Leadership Team will comprise the following persons and roles:

Jouko Karvinen, Chief Executive Officer
Juan Bueno, Head of Biomaterials Division
Lars Haggstrom, Head of Global People and Organisation
Per Lyrvall, Head of Global Ethics and Compliance, General Counsel, Country Senior Executive, Sweden
Mats Nordlander, Head of Renewable Packaging Division
Lauri Peltola, Head of Global Identity, Country Senior Executive, Finland
Karl-Henrik Sundstrom, Head of Printing and Living Division, Deputy CEO
Jyrki Tammivuori, acting Chief Financial Officer
Juha Vanhainen, Project Director for the recently announced EUR 200 million streamlining and structure simplification programme

For further information, please contact:

Lauri Peltola, EVP, Global Identity, tel. +358 2046 21380
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

www.storaenso.com
www.storaenso.com/investors

Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry.We always rethink the old and expand to the new to offer our customers innovative solutions based on renewable materials. Stora Enso employs some 28 000 people worldwide, and our sales in 2012 amounted to EUR 10.8 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

STORA ENSO OYJ

Source:Stora Enso Oyj