President and CEO
Jussi Pesonen was born in 1960 and holds a master’s degree in process technology from Oulu University, Finland. He joined UPM in 1987 as a production engineer and worked in Jämsänkoski, Kajaani, Kaukaa and Shotton mills. He advanced rapidly into leading management positions in various paper business areas including Vice President of the Newsprint Product Group and Chief Operative Officer of the Paper Divisions. He also served as Deputy to the President and CEO in 2001–2004.
Under Jussi Pesonen’s leadership, the company has taken strong and decisive measures to reposition itself for the challenges of the new business environment facing forest product companies. This has meant launching major programs for achieving higher levels of efficiency and productivity, expanding UPM’s operations outside its traditional European home market, and strengthening its position in self-adhesive labels, pulp, energy related businesses, and biofuels including wood-based renewable diesel.
Jussi Pesonen is the Chairman of the Board of the Finland Chamber of Commerce and ICC Finland and Deputy Chairman and Working Committee member of the Finnish Forest Industries Federation (FFIF). He also serves as a Board member of the Confederation of European Paper Industries (CEPI) and East Office of Finnish Industries Oy. Additionally, Jussi Pesonen is a member of the China-Finland Committee for Innovative Business Cooperation and Co-chairman of its Forestry Working Group. Earlier, Mr Pesonen chaired the Board of Ilmarinen Mutual Pension Insurance Company in 2012–2015 and co-chaired the Forest Solutions Group (FSG) in World Business Council for Sustainable Development (WBCSD) in 2014–2015.
The President and CEO’s duties and responsibilities are described in the section Executive management. The terms and conditions of the President and CEO’s executive contract and his remuneration are covered in the sections Management remuneration and Management ownership.