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آرشیو برچسب های: Ivar Vatne

Andrei Krés Appointed CFO of Billerud

Andrei Krés has been appointed as the new CFO of Billerud. Andrei has been the acting CFO since August 2023 and will assume the permanent role immediately.

Andrei Krés joined Billerud in 2011 and has since then held several different positions within the company including Head of Group Treasury, Vice President of Group Finance and since August 2023 as acting CFO.

“I am entirely confident that Andrei, with his strong financial profile and deep experience within the company, will contribute positively to our financial development as well as bring valuable expertise to the Group Management Team,” says Ivar Vatne, CEO and President of Billerud.

“It’s very gratifying and an honor to have been offered the role of CFO at Billerud. The combination of high-quality products with a strong focus on sustainability makes Billerud a leader in the packaging industry, and I look forward to continuing to develop the group together with Ivar and the team”, says Andrei Krés, CFO of Billerud.

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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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EIB signs SEK 1.3 billion loan agreement with Billerud for bioproduct mill upgrade

The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €۱۱۰ million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the modernisation and upgrade of a bioproduct mill, including the replacement of a recovery boiler. The upgrades are well anchored in Billerud’s sustainability strategy and will secure high environmental performance for the mill, with increased energy and resource efficiency.

Materials made at Frövi mill are used in various packaging applications, with a particular focus on food and beverage packaging — an area that has strict requirements in terms of durability and hygiene standards. Fibre-based packaging has the advantage of being fossil-free, recyclable, and biodegradable — features that set it apart from fossil-based types of packaging. Materials produced by Billerud can be recycled many times and made into recycled board, before finally being used for energy production.

 

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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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