Post by UPM

Exciting news: Joonas Rauramo to lead UPM Energy.   Joonas Rauramo has been appointed Executive Vice President, UPM Energy. He will be a member of UPM’s Group Executive Team and report to Massimo Reynaudo, President and CEO.   Joonas will join UPM on October 1, 2026 from Coolbrook Oy where he has served as CEO since 2022. He will be based in Helsinki.   “I’m delighted to welcome Joonas to UPM. He brings extensive experience in power generation and industrial decarbonisation, as well as deep expertise in energy markets, project financing, M&A and building global partnerships. These are capabilities that are increasingly critical as demand for reliable, emission-free electricity continues to grow and the energy system undergoes profound transformation. With Joonas on board, we continue to develop our energy business further and contribute to the transition towards a sustainable and resilient energy future,” says Massimo Reynaudo.   Link to stock exchange release: https://go.upm.com/4o2phJw.