FINLAND – Finnish pulp and paper maker Stora Enso has appointed Micaela Thorström as EVP, Legal and General Counsel and a member of the Group Leadership Team, effective April 2023.
Micaela Thorström joined Stora Enso in 2015 as Legal Counsel and was appointed Vice President of Group Legal in April 2022.
Before joining Stora Enso, she held several senior-level positions at Finnish companies and law firms such as PricewaterhouseCoopers, Hannes Snellman, Lindholm Wallgren Attorneys and Roschier.
She has a well-founded and broad legal background. For over 20 years, Micaela has gained extensive experience in the areas of corporate governance, finance-related legal advice, M&A and capital markets, and she holds a Master of Laws (LL.M.) degree.
Annica Bresky, President and CEO at Stora Enso said: “I am delighted to appoint Micaela as our General Counsel and welcome her to our Group Leadership Team.
“Micaela’s experience and proven skills will make an important contribution in navigating the compliance and regulatory aspects of accelerating Stora Enso’s growth strategy.
“I want to express my gratitude to Christian Swartling for his excellent work as acting General Counsel during the search for a new General Counsel.”
Commenting on her appointment, Michaela noted: “Stora Enso’s legal team is a core function in enabling Stora Enso’s transformation journey towards a regenerative future and work towards our sustainability strategy.
“The legal team also has a key role in ensuring the conducting of the business in a sound and responsible manner aligned with our values ‘Do What’s Right’ and ethical standards.
“I am excited to take on the opportunity to work as Stora Enso’s General Counsel and as part of the Group Leadership Team to drive this work and our values further.”
Earlier this month, the company partnered with Korean chemical and textile maker Kolon to produce and industrialize bio-based polyesters and their applications, along with renewable binder resin formulations.
Bio-based materials can be used for packaging, car tire reinforcements, and films for high-value-added products such as electronics, panels and displays.
The joint manufacturing deal will combine FuraCore by Stora Enso process and its expertise in the packaging sectors with Kolon Industries’ expertise in polyester, and phenolic resin development for a range of applications.
According to the Finland-based firm, the proprietary FuraCore by Stora Enso process is intended for converting fructose into FDCA (Furandicarboxylic acid) via HMF (5-hydroxymethylfurfural).
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