Company begins recruitment for a new chief executive to take over in the first half of 2026.
Ressources humaines
Board launches search with Spencer Stuart as current CEO stays until successor is appointed.
The American Wood Council also elects new vice chairs from SmartLam and PotlatchDeltic, effective January 2026.
New Chief Technology Officer forecasts AI and digital solutions will reshape sawmilling industry within five years.
New leader joins from Primo Brands with 25-year CPG background as Michael Doss steps down after a decade.
Mike Mackay becomes CFO and Andrew Horahan assumes COO role, both effective December 8, 2025.
New leader transitions from EMEA supply chain role with two decades of packaging sector experience.
The company will record Euro 14 million in one-off costs and expects Euro 30 million in annual savings starting from early 2026.
The company may implement temporary layoffs in the first half of 2026 within Packaging and Paper Machines and Global Supply units in Jyväskylä, Vantaa, and Raisio.
Closure and ongoing idling in Georgia to lower total OSB output by 1.3 billion square feet and result in a $200 million impairment loss.
Nate Jorgensen will retire on March 2, 2026, after six years as CEO and will remain on the board of directors; the company will not fill the chief operating officer role after the transition.
Consolidation move follows September 2025 exit from hardwood plywood, affects approximately 140 employees.
Shutdown affects 350 employees, driven by sustained low pulp prices and constrained fiber supply in British Columbia.
The Nancy site will continue as a slitting and distribution terminal after a restructuring affecting 79 employees.
Group of 17 specialists to advance education, research, and investment in prefabricated and modular wood-based building materials.
New chief executive brings over 20 years of pulp industry experience and will continue serving on the company's Board.
Potential temporary layoffs from January to June 2026 affect Lappeenranta, Rauma, Renko and Vilppula sites in Finland.
Temporary curtailment to cut output by about 13 million board feet as lumber prices fall and federal support programs expand.
Chris Kalesnikoff will become President and CEO, and Krystle Seed will take the role of Chief Financial and Strategic Services Officer as the company continues expansion of its integrated mass timber operations in British Columbia.
New Chief Financial Officer begins transition on 1 March 2026 as Eeva Salonen retires from People & Culture role on 30 November 2025.