UPM annual report 2015

IN BRIEF

STRATEGY

BUSINESSES

STAKEHOLDERS

GOVERNANCE

ACCOUNTS

Group Executive Team

Several management positions in the UPMPaper Divisions 1987–2001. COO of the Paper Divisions and Deputy to the President and CEO 2001–2004. President and CEO since 2004. Chairman of the Board of the Finnish Forest Industries Federation (FFIF) and IlmarinenMutual Pension Insurance Company (until 31 December 2015). Board member of the Confed- eration of European Paper Industries (CEPI) and East Office of Finnish Industries Oy. Several management positions at Jaakko Pöyry Consulting in Finland and North America 1991–1998 and 1999–2005. A.T. Kear- ney in Finland 1998–1999 and McKinsey & Company in Sweden 1988–1990. Vice President, Corporate Development and Senior Vice President, Strategy, UPM 2005–2008. President, Energy and Pulp Business Group, 2008–2010. CFO since 2010. Chairman of the Board of Pohjolan Voima Oy. Vice Chairman of Kemijoki Oy. Board member of Teollisuuden Voima Oyj. Supervi- sory board member of Varma Mutual Pension Insurance Company.

Several management positions at United Paper Mills Ltd and UPM in the Printing Papers Division 1984–2001. President, Fine and Speciality Papers Division 2002–2003. President, Magazine Paper Division 2004–2008. President, Paper Business Group 2008–2013. Vice Chairman of AmChamFinland (The American Chamber of Commerce in Finland). Board member of CLIC Innovation Oy.

Jussi Pesonen President and CEO M.Sc. (Eng.) Born 1960, Finnish citizen

Jyrki Ovaska Executive Vice President, Technology M.Sc. (Eng.) Born 1958, Finnish citizen

Member of the Group Executive Team since 2001. Employed by UPM-Kymmene Corporation since 1987.

Member of the Group Executive Team since 2002. Employed by UPM-Kymmene Corporation since 1984.

HR Specialist positions at ABB 1990–1994. Human Resources Manager at Nokia Mobile Phones, Salo Operations 1995–2000. Senior Vice President, Human Resources at Raisio Group 2000–2001. Senior Vice President, Human Resources at Elcoteq Network Corporation 2001–2004.

Tapio Korpeinen Chief Financial Officer, UPM-Kymmene Corporation and Executive Vice President, UPMEnergy M.Sc. (Tech.), MBA Born 1963, Finnish citizen Member of the Group Executive Team since 2008. Employed by UPM-Kymmene Corporation since 2005.

Riitta Savonlahti Executive Vice President, Human Resources M.Sc. (Econ.) Born 1964, Finnish citizen Member of the Group Executive Team since 2004. Employed by UPM-Kymmene Corporation since 2004.

Board member of Posti Group Corporation.

Senior Process Engineer, International Paper Co. 1996–1998. Several management positions at UPMNordland Papier 1998–2005. President, UPM-Kymmene Inc. North America 2005–2008. Senior Vice President, Supply Chain, Paper Business Group 2008–2013. Executive Vice President, UPMPaper ENA 2013-2016.

Project Engineer, Hoerbiger Automotive 1991–1992. Project Manager, Investments, Haindl Papier GmbH 1993–2001. Several leadership positions in the UPMpaper business 2001–2007. General Manager, Schongau mill, UPMPaper Business Group 2007–2013. General Manager, Ettringen mill, UPMPaper Business Group 2011–2013. Senior Vice Presi- dent, Newspaper Publishing, UPMPaper ENA 2013–2016.

Bernd Eikens Executive Vice President, UPMPaper Asia Ph.D. (Eng.) Born 1965, German citizen Member of the Group Executive Team since 2013. Employed by UPM-Kymmene Corporation since 1998.

Winfried Schaur Executive Vice President, UPMPaper ENA M.Sc. (Mech. Eng.) Born 1965, German citizen Member of the Group Executive Team since 2016. Employed by UPM-Kymmene Corporation since 2001.

Boardmember of Johann Bunte Bauunternehmung GmbH&Co. KG.

Several positions in Communications in Finnpap and UPMPaper Division 1985–2002. Vice President, Corporate Communications of UPM 2003, Executive Vice President, Corporate Communica- tions 2004–2013. Member of S-Group’s CSR Advisory Group. Supervisory Board member of WWF Finland. Board member of Satalinna Founda- tion.

Several management positions at UPMRaflatac in Finland and in France 1985–2000. Vice President, UPMRaflatac Europe 2001–2003. Senior Vice President, Strategic Devel- opment, UPMRaflatac Group 2003–2008. Vice President, Sourcing at UPMRaflatac Group 2008–2013.

Pirkko Harrela Executive Vice President, Stakeholder Relations M.A. Born 1960, Finnish citizen Member of the Group Executive Team since 2004. Employed by UPM-Kymmene Corporation since 1985.

Mika Sillanpää Executive Vice President, UPMPlywood M.Sc. (Eng.) Born 1958, Finnish citizen

Member of the Group Executive Team since 2013. Employed by UPM-Kymmene Corporation since 1985.

Associate, McKinsey & Company 2000–2002. Several management positions at UPMRaflatac in Finland and in the USA 2002–2008. Senior Vice President, UPMRaflatac, Europe 2008–2011. Senior Vice President, UPMRaflatac, Europe, Middle-East and Africa 2011–2013.

Management Consultant at Jaakko Pöyry Consulting Oy 1998–2000. M&A Advisor at JP Capital International Limited in the UK 2000–2006. Investment Manager at Finnish Industry Investment Ltd 2006–2007. Director, M&A, UPM-Kymmene Corporation 2007–2010. Senior Vice President, Corporate Strategy 2010–2013.

Tapio Kolunsarka Executive Vice President, UPMRaflatac

Kari Ståhlberg Executive Vice President, Strategy M.Sc. (Eng.) Born 1971, Finnish citizen

M.Sc. (Eng.), M.Sc. (Econ.) Born 1975, Finnish citizen

Member of the Group Executive Team since 2013 Employed by UPM-Kymmene Corporation since 2002.

Member of the Group Executive Team since 2013. Employed by UPM-Kymmene Corporation since 2007.

Several positions in law firms 1991–1996. Positions as legal counsel and senior legal counsel in KONE Corporation 1997–2004.

Several management positions at Nokia Corporation in Finland, Denmark, UK and Hungary 1993–2006. Senior Vice President, UPM Sourcing 2006–2010. President, Energy and Pulp Business Group 2010–2013. Board member of the Finnish Forest Industries Federation (FFIF).

Juha Mäkelä General Counsel LL.M. Born 1962, Finnish citizen

Heikki Vappula Executive Vice President, UPMBiorefining M.Sc. (Econ.) Born 1967, Finnish citizen Member of the Group Executive Team since 2010. Employed by UPM-Kymmene Corporation since 2006.

Supervisory Board member of Kemijoki Oy.

Member of the Group Executive Team since 2008. Employed by UPM-Kymmene Corporation since 2005.

contents

73

74

UPM Annual Report 2015

UPM Annual Report 2015