UPM-Kymmene Oyj (0NV5.IL)

33.37 +0.22 (+0.65%) At close: 06:42PM BST

UPM-Kymmene Oyj

Alvar Aallon katu 1
PO Box 380
Helsinki 00100
Finland
358 2041 5111
https://www.upm.com

Sector(s): Basic Materials
Industry: Paper & Paper Products
Full-time employees: 17,571

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jussi Pesonen M.Sc. (Eng.)	Pres & CEO	2.95M	N/A	1960
Mr. Tapio Juhani Korpeinen M.B.A., M.Sc.	CFO & Exec. VP of UPM Energy	N/A	N/A	1963
Mr. Petri Hakanen	Sr. VP of Technology & Head of the Uruguayan Devel. Projects	N/A	N/A	N/A
Mr. Mika Mikkola	VP of Investor Relations	N/A	N/A	N/A
Mr. Juha Makela	Gen. Counsel	N/A	N/A	1962
Ms. Hanna Maula	VP of Communications & Brand	N/A	N/A	N/A
Ms. Riitta Savonlahti M.Sc. (Econ.)	Exec. VP of HR	N/A	N/A	1964
Ms. Pirkko Harrela	Exec. VP of Stakeholder Relations	N/A	N/A	1960
Mr. Bernd Eikens Ph.D.	Exec. VP of UPM Fibres	N/A	N/A	1965
Ms. Anu Ahola	Sr. VP of SBU Newspaper Publishing for UPM Paper Europe & North America	N/A	N/A	1965

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

UPM-Kymmene Oyj engages in the forest-based bio industry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry. It is also involved in the generation of electricity through hydro and nuclear power plants. In addition, the company offers self-adhesive label materials for branding and promotion, information, and functional labelling in the food, beverage, personal care, pharmaceutical, and logistics segments; and label papers, release base papers, office papers, and flexible packaging for labelling, packing, commercial siliconizing, and printing, as well as graphic papers for advertising, publishing, and home and office use. Further, it provides plywood and veneer products for construction, vehicle flooring, liquefied natural gas shipbuilding, and parquet manufacturing, as well as for other industrial applications; wood and wood-based biomass, and forestry services for forest investors and owners; wood-based lignin products for industrial use and cell hydrogels for 3D cell culturing; UPM ProFi decking products and UPM formi granules; and biomedical products. The company was founded in 1871 and is headquartered in Helsinki, Finland.

Corporate governance

UPM-Kymmene Oyj’s ISS governance QualityScore as of 1 October 2023 is 2. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.