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UPM’s President and CEO Jussi Pesonen to continue in his current position until further notice

Stock Exchange Release 24.10.2019 10:30 EEST

UPM-Kymmene Corporation    Stock Exchange Release (Changes board/management/auditors)  24 October 2019 at 10:30 EET

UPM’s President and CEO Jussi Pesonen to continue in his current position until further notice

At the request of UPM-Kymmene Corporation’s Board of Directors Jussi Pesonen will continue as President and CEO until further notice. According to his executive contract he was entitled to retire in November 2020 at the age of 60.

Jussi Pesonen has informed the Board that he is not available for re-election to UPM’s Board of Directors in the annual general meeting of 2020.

He has served as the President and CEO of UPM-Kymmene Corporation since 2004 and as a member of the Board of Directors since 2007.

For further information please contact:
UPM, Media relations, tel. +358 (0) 40 588 3284

*

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,000 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

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