Understanding Stora Enso's Latest Nomination Board Members
Introduction to Stora Enso's Nomination Board
Stora Enso's Shareholders' Nomination Board plays a vital role in shaping the governance of the company. This body is essential for making informed recommendations regarding the election and remuneration of the Board of Directors. The Nomination Board is crucial for ensuring that the leadership is aligned with the shareholders' interests.
Composition of the Nomination Board
The Shareholders' Nomination Board comprises key figures in the organization. It includes the Chair and Vice Chair of Stora Enso's Board of Directors and two additional members appointed by the company's two largest shareholders. This structure fosters a strong connection between major shareholders and the governance of Stora Enso.
Key Members
The current members of the Shareholders' Nomination Board include:
- Kari Jordan, Chair of Stora Enso's Board of Directors
- Håkan Buskhe, Vice Chair of Stora Enso's Board of Directors
- Jouko Karvinen, Chair of the Board of Directors of Solidium Oy
- Marcus Wallenberg, Chair of the Board of Directors of FAM AB
Recently, Marcus Wallenberg was elected as the Chair of the Nomination Board, indicating his significant role in shaping corporate strategies.
Responsibilities of the Nomination Board
This board is tasked with preparing annual proposals for Stora Enso's Annual General Meeting. These proposals include recommendations for the election and remuneration of board members, ensuring that the leadership is competent and financially compensated in a manner that reflects their responsibilities.
Stora Enso's Leadership and Market Presence
As a vital player in the global bioeconomy, Stora Enso focuses on renewable products across various sectors, including packaging, biomaterials, and wooden construction. The company stands out as one of the largest private forest owners globally, emphasizing sustainability in its operations.
With a dedicated workforce of around 20,000 employees, Stora Enso generated impressive sales of approximately EUR 9.4 billion. Their shares are actively traded on Nasdaq Helsinki Oy and Nasdaq Stockholm AB, further cementing their presence in the stock market. Notable tickers for Stora Enso include SEOAY, STEAV, and STERV, which investors can consider.
Contact Information
For further inquiries, interested parties can reach out to:
- Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349 - Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691
Frequently Asked Questions
What is the role of Stora Enso's Shareholders' Nomination Board?
The Nomination Board proposes candidates for the Board of Directors and determines their remuneration, ensuring alignment with shareholder interests.
Who are the current members of the Nomination Board?
The current members include Kari Jordan, Håkan Buskhe, Jouko Karvinen, and Marcus Wallenberg.
What is Stora Enso's focus in the market?
Stora Enso specializes in renewable products for packaging, biomaterials, and wooden construction, prioritizing sustainable practices.
How does Stora Enso achieve its market performance?
With around 20,000 employees, Stora Enso leverages its resources to generate significant sales, actively trading on various stock exchanges.
How can I get in touch with Stora Enso for inquiries?
You can contact Carl Norell for corporate communications or Anna-Lena Åström for investor relations.
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