۲ کیلو کاغذ مرکز تامین‌کنندگان صنایع سلولزی

آرشیو برچسب های: Christoph Michalski

Billerud Appoints Ivar Vatne as President and Chief Executive Officer

The Board of Billerud has appointed Ivar Vatne as President and CEO of the company. Ivar Vatne has been acting President and CEO since July 2023 and enters the permanent position with immediate effect.

“The Board has conducted a thorough recruitment process and has evaluated both internal and external candidates,” said Jan Svensson, Chairman of Billerud. “We are very pleased that Ivar is willing to take on the job and it shows real strength that we find the best candidate within the company.

“Ivar is a highly appreciated leader, and he has deep knowledge about the company’s strategic direction. He has also proved that he understands the importance of continuous improvements to secure competitiveness, and has the ability to drive them,” Svensson concluded.

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Billerud’s President and CEO, Christoph Michalski, Leaving Company

Billerud today announced that its President and CEO, Christoph Michalski, is leaving the company, with immediate effect. Michalski has held the position of CEO since November 2020.

Billerud’s Board of Directors has appointed the current CFO and deputy CEO, Ivar Vatne, as acting CEO. Vatne joined the company as CFO in May 2019 and has also been deputy CEO since October 2022. Prior to joining Billerud, Vatne held executive positions within Arla, Fiskars and P&G.

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Billerud to Sell Its Managed Packaging Business Unit to Mimir Group

Billerud has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers packaging solutions to global brand owners.

Terms of the deal were not disclosed.

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Billerud’s Q1 net sales increased by 55%

Billerud’s net sales for the Q1 2023 grew by 55% to SEK 11,495 million ($1.1 billion), compared to SEK 7,397 million ($721 million) in Q1 2022. Net sales excluding currency effects increased by 51%, mainly due to the acquisition of Verso, which was completed on 31 March 2022. Billerud North America (former Verso) had net sales of SEK 3,311 million ($332 million) and sales volumes of 235 ktonnes. The total sales volume for the Group in the Q1 was 943 ktonnes, negatively impacted by a softer demand and inventory adjustments by customers. The organic and currency neutral net sales growth for the Group was 6%.

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