STORA ENSO OYJ PRESS RELEASE 20 May 2009 at 11.30 GMT
Stora Enso has appointed Ulla Paajanen-Sainio (46), Master of Arts and Master of
Business Administration, as the new Head of Investor Relations effective
immediately.
Ulla Paajanen-Sainio is currently VP, Investor Relations and Financial
Communications, at Stora Enso. She has been with the company for nearly seven
years, being mainly responsible for investor relations activities in the Nordic
Region and also managing Stora Enso's Financial Communications. Before joining
Stora Enso, she worked in leading investor relations and communications
positions in the IT and electronics sectors.
To improve efficiency and cost-effectiveness, the investor relations function is
now based in Helsinki. Until today, the activities were split between the
Helsinki and London offices. Ulla Paajanen-Sainio succeeds Keith B Russell, SVP,
Investor Relations, who has been heading the function from the Group's London
office and who will leave Stora Enso at the end of May 2009 to pursue other
opportunities.
Ulla Paajanen-Sainio reports to CFO Markus Rauramo.
For further information, please contact:
Markus Rauramo, CFO, tel. +358 2046 21452
Ulla Paajanen-Sainio, SVP, Investor Relations tel. +358 2046 21242
www.storaenso.com
www.storaenso.com/investors
Stora Enso is the world leader in forest industry sustainability. We offer our
customers solutions based on renewable raw materials. Our products provide a
climate-friendly alternative to many non-renewable materials, and have a smaller
carbon footprint. Stora Enso is included in the Global 100 list of the world's
most sustainable companies. Stora Enso is also listed in the Dow Jones
Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership
Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008
amounted to EUR 11.0 billion.