In order to improve efficiency and enhance the company’s ability to adapt to major changes in the outside world, BillerudKorsnäs is implementing a simplified organizational structure as of August 1, 2020.
 
The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development. The change means that the current divisions are being replaced by a simplified organization where management comes closer to the business.
 
“We need to cater for rapidly changing customer needs for sustainable products and solutions. The organizational structure now being implemented is one important step on a journey creating conditions that will allow a more optimal utilization of our resources and enhance our ability to adapt to changes in the outside world,” said Lennart Holm, acting CEO of BillerudKorsnäs.
 
External financial reporting is only expected to be marginally affected and will be adjusted as of the third quarter of 2020.