The Nomination Committee of BillerudKorsnäs has decided to propose that Jan Svensson shall be elected as Chairman of the Board of BillerudKorsnäs, at the Annual General Meeting that will be held on 5 May 2021.
Jan Åström has announced that he is not available for re-election as Chairman of the Board, but as a continued member of the company's Board, and the Nomination Committee will propose that he is elected to this role.
Michael M.F. Kaufmann, Chairman of the Nomination Committee commented: “The Nomination Committee is very pleased to propose Jan Svensson as new Chairman. We are convinced that Jan Svensson, with his broad industrial experience as well as excellent strategic and leadership skills, will provide the company with a chairmanship that is right for the company. The Nomination Committee also wants to point out the important contributions by Jan Åström during his term as Chairman of the Board, including his recruitment of a new CEO.”
Jan Svensson is a member of the Board of BillerudKorsnäs since 2020 and is the former CEO of Latour (2003–2019), a Swedish mixed investment company listed on Nasdaq Stockholm. He is currently also Chairman of the board of Fagerhult and Tomra Systems, as well as Board member of Assa Abloy, Loomis, Nobia, Climeon, Stena Metall and Herenco.
The Nomination Committee continues its work with respect to preparing remaining proposals for the AGM 2021, including proposal on size of the Board and proposal on election of Board members, and will announce its complete proposals at the latest in the convening notice to the AGM.
The Nomination Committee consists of Michael M.F. Kaufmann (Frapag Beteiligungsholding AG), Tomas Flodén (AMF Insurance & Funds), Lennart Francke (Swedbank Robur Funds) and Thomas Wuolikainen (Fourth Swedish National Pension Fund).
This information constituted inside information prior to publication. This is information that BillerudKorsnäs AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17.30 CET on 11 January 2021.
BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4,500 employees in over 13 countries. BillerudKorsnäs has an annual turnover of approximately SEK 24 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com