International Paper (NYSE: IP) today reported full-year 2014 net earnings attributable to common shareholders totaling $555 million ($1.29 per share) compared with $1.4 billion ($3.11 per share) in full-year 2013.In the fourth quarter 2014, the Company reported net earnings of $134 million ($0.32 per share) compared with $436 million ($0.98 per share) in the fourth quarter of 2013. Fourth quarter 2014 earnings included a $0.40 per share non-cash foreign exchange charge as described below. Amounts in all periods include the impact of special items, non-operating pension expense and discontinued operations.
BillerudKorsnäs announced today that Helene Biström is appointed as Senior Vice President for Paper, one of the company’s three divisions in the new organisation that came into effect on the 1st of October.
Earlier this year, BillerudKorsnäs announced that the company will create three divisions with profit and loss responsibility in order to more effectively realise the company’s growth strategy. The three divisions are Board, Paper and Solutions. Helene Biström is appointed Senior Vice President Division Paper. She will be a member of the company’s senior management team. Helene is currently the CEO of Infanord.
“It is my conviction that Helene, along with the strong team at Paper, will lift the division to new heights both in regards to production stability and new products. Helene will also contribute to Group Management with her broad leadership experience,” says Petra Einarsson, President and CEO of BillerudKorsnäs.
“I am honoured to be offered the position Senior Vice President for the Paper division at BillerudKorsnäs. It will be very exciting to take on this challenge. The combination of solid competence and innovation with a strong focus on sustainability, makes BillerudKorsnäs direction and products perfectly positioned in time. I look forward to developing the Paper division along with my team,” says Helene Biström.
Helene is a highly experienced leader with previous assignments as deputy CEO of Vattenfall and CEO of Norrenergi. Helene also has a background with several significant board assignments, including as chairman of Sveaskog, and is currently active in Pöyry’s Board. In 2008 Helene was named Business Woman of the Year by Veckans Affärer.
Helene will start in the position at the latest during April 2019.