Metsä Board names Mika Joukio as its new CEO, as of Dec. 1 at the latest, replacing current CEO Mikko Helander, who is leaving; Joukio is presently CEO of Metsä Tissue and was head of Metsä Board's paperboard business during 2006-2011

ESPOO, Finland , June 10, 2014 (press release) – Metsä Board Corporation Stock Exchange Release 10 June 2014 at 16.40 pm EEST

Metsä Board Corporation’s Board of Directors has appointed M.Sc. (Tech.), MBA Mika Joukio (49) as the company’s new CEO. Joukio will start in the position on 1 December 2014 at the latest.

Joukio joins Metsä Board from Metsä Tissue Corporation, part of Metsä Group, where he has been the CEO since 2012. Prior to Metsä Tissue, Joukio worked as the head of Metsä Board’s paperboard business during 2006–2011. He has held various management positions in the company and its predecessors Metsä-Serla Corporation and M-real Corporation since 1990.

“Mika Joukio has strong earlier experience in Metsä Board and in paperboard as well as consumer product industries. He has a good track record of successful business management in Metsä Tissue. He has an excellent starting point to continuing profitable growth of Metsä Board”, says Kari Jordan, Chairman of the Board of Directors.

Metsä Board’s current CEO Mikko Helander will move to another company on 1 December 2014 at the latest.

Mika Joukio’s essential work history can be found at www.metsaboard.com/investors/corporategovernance/CEOandothermanagement/corporatemanagementteam/Pages/Mika-Joukio.aspx.

METSÄ BOARD CORPORATION

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