Stora Enso has announced proposed members for the Board of Directors of the new forest asset company planned to be demerged from Stora Enso.
The demerger is expected to be completed in the first half of 2027.
The proposed board members are Johan Trolle-Löwen (proposed Chair of the Board of Directors,) Jannica Fagerholm (proposed Vice Chair of the Board of Directors), Helen Fasth Gillstedt, Magnus Fernström, Timo Mäkinen and Catharina Stackelberg-Hammarén.
“I am delighted with the nomination of our proposed Board members,” said Marcus Wallenberg, Chair of Stora Enso’s Shareholders’ Nomination Board.
“They bring a diverse range of expertise in forestry, finance, investment management, energy, sustainability, and strategic marketing. Their collective experience will support the New Company’s commitment to strong governance and sustainable growth.”
The proposed Board members will be nominated in the Demerger Plan as the inaugural Board of Directors for the New Company, subject to the approval of Stora Enso Oyj’s Extraordinary General Meeting resolving on the Demerger Plan, which will be held before the demerger.
The separation of the Swedish forest assets was assessed to be the best alternative to enhance focus on respective businesses’ core strengths and market opportunities, maximising operational and shareholder value, as well as to reduce group complexity.
The new entity will be Europe’s largest listed pure play forest company, comprising over 1.2 million hectares of forest land in Sweden with a fair value of approximately EUR 5.7 billion as of 30 September 2025.
