The Chair of the Board of Directors of Metsä Board Corporation ("Metsä Board" or the "Company") Ilkka Hämälä has, on 12 June 2025, announced that he will resign from his position on the Board of Directors as of 1 July 2025. Hämälä became the Chair of the Board of Directors of the Company as well as the President and CEO of Metsä Group in 2018. Under his leadership, the Company has strengthened its position as Europe's leading producer of fresh fibre paperboard and as a forerunner in sustainability. The Board of Directors of Metsä Board would like to warmly thank Ilkka Hämälä for his contributions to the Company.
The Board of Directors of Metsä Board has today elected from among themselves Jussi Vanhanen, who will become the President and CEO of Metsä Group on 1 July 2025, to become the new Chair of the Board of Directors as of 1 July 2025. Vanhanen has been a member of the Board of Directors of the Company since March 2025, a member of the Board of Directors of Metsäliitto Cooperative from 2022 to 2025, and CEO of Metsäliitto Cooperative since 1 May 2025. Vanhanen will also act as Chair of the nomination and HR committee as of 1 July 2025, when Hämälä resigns from the Board of Directors. Jussi Linnanranta will continue as Vice Chair of the Board of Directors of the Company.
Following Hämälä's resignation, the Board of Directors of Metsä Board consists of nine (9) members, which complies with the Company's articles of association, and therefore there is no need to supplement the Board of Directors.
