The CEO is in charge of the day-to-day management of the Company in accordance with instructions and orders issued by the Board. It is the duty of the CEO to ensure that the Company’s
accounting principles comply with the law and that financial matters are handled in a reliable manner.
The Board approves the main organisation, including the functions reporting to the CEO. At the end of 2015 the CEO was directly in charge of the following functions, which also reported to him:
• Divisions (Consumer Board, Packaging Solutions, Biomaterials,
Wood Products, and Paper)
• CFO (responsible for Accounting, Controlling, Corporate Finance and M&A, Enterprise Risk Management, Internal Audit, Investor Relations, Tax, Treasury)
• Human resources
• Legal, General Counsel
• Technology (responsible for coordinating Stora Enso’s R&D and innovation agendas, managing the Group’s investment processes, and leading Energy Services)
• CEO Office (responsible for Wood Supply Finland and Russia, Wood Supply Sweden, Logistics, and special strategic projects)
The CEO is also responsible for preparatory work with regard to Board meetings. In addition, the CEO supervises decisions regarding key personnel and other important operational matters. One of the Group Leadership Team members acts as deputy to the CEO as defined in the Finnish Companies Act.