UPM is reshaping its top management as it prepares for its next phase, creating a new executive role focused on transformation while also setting in motion a leadership transition in its finance and energy division. The Finnish forest industry group has appointed Risto Penttinen as Executive Vice President, Transformation, and a member of the group executive team, effective April 13, 2026. The newly created role signals a more structured push to steer organisational change across the company. Chief executive Massimo Reynaudo said the position was established to support the company’s next stage of development, pointing to Penttinen ...
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