Billerud is introducing a new organisation whereby the company harmonises and operates its business in two distinct geographical regions – Europe and North America. The company further appoints Andrei Krés as acting CFO, effective immediately.
Matthew Hirst, previously EVP Commercial, has been appointed President of Billerud Europe and will lead the new European organisation consisting of Commercial, Operations and Procurement & Wood Supply functions. Kevin Kuznicki remains President of the North American organisation.
“I’m pleased that Matthew has taken the position of leading the Europe region, and I’m convinced he will take the region forward on the journey to challenge conventional packaging solutions and create the packaging of tomorrow,” says Ivar Vatne, acting CEO and President of Billerud. “As we look ahead, we now have a harmonised, clear and simple operating model with two geographical regions that will create value in each market.”
“I am convinced that the new structure for Europe will create positive synergies for the entire European value chain and contribute to better long-term profitability,” says Hirst.