M-real president and chief executive Jorma Vaajoki is leaving the firm at his own request, with Jouko Jaakola stepping into his role.
"It was not a sudden decision, but something he had been discussing with both the board and myself for sometime," said Jaakola.
The news comes as a surprise as the group is still going through its massive transition following its name change from Metsa-Serla, and the incorporation of MoDo Paper and Zanders (PrintWeek, 23 March).
Jaakola, who is currently the senior executive vice-president and chief operating officer, will take up his new position from 1 December.
Jaakola's present duties will be merged with his responsibilities as president and chief executive.
Have your say in the Printweek Poll
Related stories
Latest comments
"Been there too!"
"Very True"
"Customers expect quality as a basic requirement so quality is no longer a selling point as its a given. Similarly so, accreditations are a nice to have and show customers that you are committed but as..."
Up next...
50 accredited partners offering GGS loans
Guaranteed Growth Scheme receives extra £500m as tariffs bite
Flatter and streamlined organisation
Stora Enso restructure to reflect renewable packaging importance
Took over in the role on 1 April
Paul Brough becomes Mail Users’ Association chair
Birmingham's Marco Pierre White restaurant