Press Release Details

UPM Fibres renews its organisation, Petri Hakanen appointed SVP, Fibres Finland Operations

08/23/2024

(UPM Fibres, Helsinki, 23 August 2024 at 14:30 EEST) - UPM Fibres renews its organisation by centralising its production operations in Finland under one top level organisation. The change will simplify the Fibres Business Area structure.

As of 1 October 2024, UPM Fibres will consist of two production organizations: the existing Fibres Uruguay Operations and a new Fibres Finland Operations. The Fibres Finland Operations will include the UPM Pulp operations in Finland as well as UPM Forest and UPM Timber.

As part of this organizational change, Petri Hakanen has been appointed Senior Vice President, Fibres Finland Operations, UPM Fibres as of 1 October 2024. Petri will be a member of the UPM Fibres Management team and he will report to Aki Temmes, Executive Vice President, UPM Fibres.

Petri Hakanen

Petri Hakanen led the Uruguay Development Project from 2018 to 2023, culminating in the start-up of UPM Paso de los Toros pulp mill in April 2023. He currently holds the role of Senior Vice President, Technology (CTO), for UPM and leads UPM's research and development activities and investment management. He will continue in this role until the end of 2024, in addition to his new role in UPM Fibres.

For further information please contact:
Kati Kaskeala, VP, Stakeholder Relations, UPM Fibres, tel. +358 40 841 7884

UPM, Media Relations
Mon-Fri 9:00-16:00 EEST
tel. +358 40 588 3284
media@upm.com

UPM Fibres
UPM Fibres consists of UPM's pulp and timber businesses as well as wood sourcing and forestry operations. UPM Pulp has three pulp mills in Finland and two pulp mills and plantation operations in Uruguay. UPM Timber operates four sawmills in Finland. UPM Forest secures competitive wood and biomass for the UPM businesses, manages UPM-owned and privately owned forests in Northern Europe and offers forestry services to forest owners and forest investors. upmpulp.com | upmtimber.com | upmmetsa.fi (FI)

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com

Follow UPM on X | LinkedIn | Facebook | YouTube | Instagram | #UPM #biofore #beyondfossils

https://news.cision.com/upm-kymmene-oyj/r/upm-fibres-renews-its-organisation--petri-hakanen-appointed-svp--fibres-finland-operations,c4027940

https://news.cision.com/upm-kymmene-oyj/i/4027940-0-png,c3326728