BillerudKorsnäs has appointed Johann Christoph Michalski as its new president and CEO.

Mr Michalski has served as CEO and executive director at Vinda International Holdings, a China-based producer of tissue and hygiene products, since 2015. Prior to that, he held various senior executive positions within the SCA group. He also has experience from the FMCG sector through working with Unilever and Fonterra.

Mr Michalski commented, ‘I see enormous potential in the company. The world is undergoing a transformational shift towards environmentally sustainable packaging and e-commerce, and BillerudKorsnäs has just the right position to capture the values in that shift.

‘I look forward to taking on the challenge of developing BillerudKorsnäs into its full potential.’

He succeeds Lennart Holm, who has been acting president and CEO since November 2019. Mr Michalski takes up his new position effective 1 November, 2020. Mr Holm will remain with BillerudKorsnäs as an adviser until the end of 2020.

Jan Åström, chairman of the board at BillerudKorsnäs, said, ‘Christoph is a strong leader and experienced CEO from the forest products industry, with a track record of leading transformational journeys towards customer and innovation focus in a global context. His international experience is hard to match, and with his proven ability to create shareholder value through profitable growth, I am convinced that Christoph is a leader that can continue and accelerate the strategic journey of BillerudKorsnäs to secure long-term value creation.

‘I also want to take this opportunity to thank Lennart Holm for a very well-executed assignment as acting CEO.’