Billerud Appoints Ivar Vatne as CEO, President

Published December 1, 2023

The board of Billerud has appointed Ivar Vatne as president and CEO. Vatne has been acting president and CEO since July 2023 and enters the permanent position with immediately.

“The board has conducted a thorough recruitment process and has evaluated both internal and external candidates,” said Jan Svensson, chairman. “We are very pleased that Ivar is willing to take on the job and it shows real strength that we find the best candidate within the company.

“Ivar is a highly appreciated leader, and he has deep knowledge about the company’s strategic direction. He has also proved that he understands the importance of continuous improvements to secure competitiveness, and has the ability to drive them.”

Vatne started as CFO in Billerud in May 2019. He was appointed feputy CEO in October 2022. Since July, he has been the acting president and CEO of Billerud. Vatne has a background from senior positions within Arla, Fiskars and P&G.

“I’m both happy and proud that the board gives me the confidence to continue in the role as president and CEO,” Vatne said. “Billerud is a company with great potential and fantastic employees. I look forward to continuing the work of releasing that potential.”

Billerud is a world leading company in high-performing paper and packaging materials – passionately committed to sustainability, quality and customer value. It serves customers in more than 100 countries with nine production facilities in Sweden, the United States and Finland.

Billerud provides paper and packaging materials that challenge conventional packaging for a sustainable future. It is a world leading company in high-performing paper and packaging materials made from virgin fiber. The company has nine production units in Sweden, USA, and Finland with around 6,100 employees in over 13 countries and customers in over 100 countries. Billerud has an annualized turnover of approximately SEK 42,6 billion and is listed on Nasdaq Stockholm.

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