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UPM-Kymmene Oyj (UPMKF)

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37.21-0.59 (-1.55%)
At close: 12:14PM EDT

UPM-Kymmene Oyj

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

Sector(s)Basic Materials
IndustryPaper & Paper Products
Full-time employees16,132

Key executives

NameTitlePayExercisedYear born
Mr. Massimo ReynaudoPresident & CEON/AN/A1969
Mr. Tapio Juhani Korpeinen M.B.A., M.Sc.CFO & Executive VP of UPM EnergyN/AN/A1963
Mr. Petri HakanenSenior Vice President of Technology & Head of the Uruguayan Development ProjectsN/AN/AN/A
Mr. Mika MikkolaVice President of Investor RelationsN/AN/AN/A
Mr. Juha Makela LL.MGeneral CounselN/AN/A1962
Ms. Hanna MaulaVice President of Communications & BrandN/AN/AN/A
Ms. Riitta Savonlahti M.Sc. (Econ.)Executive Vice President of Human ResourcesN/AN/A1964
Ms. Pirkko Harrela M.A.Executive OfficerN/AN/A1960
Ms. Anu AholaSenior Vice President of SBU Newspaper Publishing for UPM Paper Europe & North AmericaN/AN/A1965
Mr. Kari Stahlberg M.Sc. (Eng.)Executive Vice President of StrategyN/AN/A1971
Amounts are as of 31 December 2003, 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 USD.

Description

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry 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, thermal, and nuclear power plants. In addition, the company offers self-adhesive label materials for branding and promotion, information, and functional labeling in the food, beverage, personal care, pharmaceutical, and logistics segments; and specialty packaging materials, such as label papers, release liners, office papers, and flexible packaging for labeling, 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 biomedical products, such as nano-fibrillar cellulose for clinical and life science applications; wood-based lignin products for industrial use; and UPM ProFi decking products and UPM formi granules. Additionally, the company offers financial portfolio management services. UPM-Kymmene Oyj was founded in 1871 and is headquartered in Helsinki, Finland.

Corporate governance

UPM-Kymmene Oyj’s ISS governance QualityScore as of 1 July 2024 is 2. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 6; Compensation: 6.

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.