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“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,” Svensson concluded.
Vatne started as CFO in Billerud in May 2019. He was appointed Deputy CEO in October 2022.
Vatne has served as the acting President and CEO of Billerud since July 28 when former President and CEO, Christoph Michalski, left the company.
Vatne has a background from senior positions within Arla, Fiskars and P&G.
Vatne commented, “I’m both happy and proud that the Board gives me the confidence to continue in the role as President and CEO. Billerud is a company with great potential and fantastic employees. I look forward to continuing the work of releasing that potential.”
Billerud provides paper and packaging materials that challenge conventional packaging for a sustainable future. The company has production units in Sweden, USA, and Finland.
SOURCE: Billerud