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UPM: Winfried Schaur appointed Executive Vice President, UPM Paper ENA

UPM-Kymmene Corporation Stock Exchange Release 4 February 2016 at 9:45

Winfried Schaur appointed Executive Vice President, UPM Paper ENA

Winfried Schaur
has been appointed Executive Vice President responsible for UPM Paper ENA
(Europe and North America) and member of the Group Executive Team as of 8
February 2016.

Winfried Schaur is currently Senior Vice President responsible for Newspaper
publishing business unit within UPM Paper ENA. He has been in his current
role since 2013 and in UPM since 2001 holding several leadership positions in
the paper business.

He will be based in Augsburg and reports toJussi Pesonen
, President and CEO.

"The UPM Paper ENA management team has done excellent work and with Winfried's
appointment I'm sure the solid implementation of the current strategy
continues," says Pesonen.

"Paper ENA has been developing very well since the new business structure was
decided in 2013. Clear targets, fast decision making and motivated teams are
in place at all levels. I will build on this strong fundament together with
the team," says Schaur.

Winfried Schaur is 50 years old and has a Master's degree in Mechanical

Photos of Winfried Schaur are available inUPM's image gallery.

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Relations

9.00-16.00 EET
tel. +358 40 588 3284


Through the renewing of the bio and forest industries, UPM is building a
sustainable future across six business areas: UPM Biorefining, UPM Energy,
UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM
Plywood. Our products are made of renewable raw materials and are recyclable.
We serve our customers worldwide. The group employs around 19,600 people and
its annual sales are approximately EUR 10 billion. UPM shares are listed on
NASDAQ OMX Helsinki. UPM - The Biofore Company


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: UPM via Globenewswire


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