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Holmen's CEO Magnus Hall resigns

Holmen's President and CEO, Magnus Hall, has informed the Board of his wish to resign. The Board has appointed Henrik Sjölund, currently CEO of the business area Holmen Paper, to be his successor.

– After almost 29 years in the Holmen Group, and 10 years as CEO, I have decided to explore new opportunities. It has been an exciting time, dealing with many challenges and handling major changes together with all good colleagues. The forest industry, and especially Holmen, is close to my heart but I feel the time is right to hand over to a new leadership, says Magnus Hall.

Henrik Sjölund states: As CEO of Holmen Paper I have concentrated on restructuring the operations and moving the business toward specialty paper. I look forward to the challenges in other business areas, and together with all my colleagues within Holmen, lead the development of the Group.

Major focus will be taking advantage of the opportunities offered by the significant investments in paperboard and sawmill operations made in recent years.

Hall will remain CEO until the Annual General Meeting on April 8.

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