
Kristoffer Ljungfelt is stepping down from the role of CEO by mutual agreement

Kristoffer Ljungfelt is stepping down from the role of CEO by mutual agreement

He will join the Group Executive Team, report to President and CEO Massimo Reynaudo and be based in Helsinki after serving as CEO of Coolbrook since 2022.

Alan Haughie to retire after seven years, remaining as advisor through February 2027 to support annual report completion.

Global reductions total 123 positions, down from original 150 estimate, targeting $15 million in annual savings.

Fluff pulp continues normal operations as two remaining lines become core to the unit's long-term strategy.

Lukoshus will oversee SLB’s accounting and financial reporting, bringing experience from Smithbucklin and public accounting.

Changes include closing the Sundsvall manufacturing site, adjusting operations in Gothenburg and Jelenia Góra, and temporary layoffs in Finland from June through December.

Julie A. Dill, a board member since 2018, succeeds Lisa M. Palumbo who completes second two-year term.

New Trois-Rivières facility secures $35 million from federal government and $40 million from Investissement Québec.

Ten-year Trex veteran with supply chain and manufacturing background takes on expanded role leading R&D and engineering.

Weak order intake forces Raute to consider 90-day layoffs in Finland.

Interim Chief Commercial Officer since November 2025 remains on Group Executive Board and reports to CEO Mika Saariaho.

New executive joins from Boliden in autumn 2026 as current SVP Anders Edholm departs on July 31.

The pause will cut supply by about 25 million board feet as log inventories, fibre availability, and seasonal breakup affect the BC Interior.

New management team member reports to CEO as predecessor Timi Hyppänen departs the company.

The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.

Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.

Finland faces maximum 30 role reductions as manufacturing staff excluded from change negotiations.

Nairn Centre will run briefly to process log inventory, with the sawmill expected to operate into early to mid-June and the planer into late June.

New division head succeeds Doug Smith after securing new supply and driving strongest results since 2016.