Espoo, Finland based Metsä Board Corporation announced that it has appointed Metsä Group’s EVP, Strategy, Esa Kaikkonen, as the new CEO of the company as of 7 April 2025 following CEO Mika Joukio’s decision to step down from his CEO position.

Joukio will continue with Metsä Board until October 2025 and support Kaikkonen during the transition.

“Mika Joukio has had a long and successful career in Metsä Board’s paperboard business,” said Ilkka Hämälä, Chair of the Board of Directors. “His career began 35 years ago at company’s Tako board mill and he advanced to become the CEO of Metsä Board in 2014 through leadership responsibilities at various mills and businesses.”

Hämälä said that Metsä Board has made significant investments, among others, at the Husum pulp and paperboard mills and Kemi linerboard mill. “In addition to these completed investments, the first investment phase of a remarkable modernization project of Simpele paperboard is ongoing,” he said.

Kaikkonen has 27 years of experience in various roles within Metsä Group. Prior to his current role as EVP, Strategy of Metsä Group, he has acted, among other things, as the CEO of Metsä Tissue Corporation, EVP of Metsä Wood and Group General Counsel.

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