Press release from Stora Enso Oyj and AssiDomän AB
The Board of Billerud, in which Stora Enso and AssiDomän each hold a 50-percent ownership interest, and which will be formally established on 1 January 2001, has appointed Bert Östlund President of the new company. He will take over this post on
1 January 2001.
Bert Östlund, 52, (M.B.A) has extensive experience within the forest products industry and is currently Executive Vice President in Stora Enso and head of Stora Enso Pulp. Since 1987, he has been employed in a number of management positions within the Group, including periods as President of Stora Cell, President of Stora Celbi in Portugal and CFO at Stora Cell.
A program to appoint a successor to Mr. Östlund as new head of Stora Enso Pulp is underway.
Helsinki and Stockholm
30 November 2000
For further information, please contact:
Ingvar Petersson, Chairman, Billerud, telephone: +46 8 613 66 00, +46 70 595 76 05
Anna-Lena Nyberg, Vice President, Human Resources, AssiDomän AB,
telephone: +46 8 655 92 17, +46 70 522 08 85
