Billerud's board announces that the company's President and CEO Christoph Michalski is leaving the CEO role at Billerud, with immediate effect. Michalski has held the position of CEO since November 2020.
Christoph Michalski
Billerud announces the appointment of deputy president and general counsel for Billerud North America, Kevin Kuznicki, as the new president for Billerud North America.
BillerudKorsnäs announced the completion of its acquisition of Verso for a purchase price of approximately $825 million USD in cash. The acquisition of Verso reinforces BillerudKorsnäs’ strategy to drive profitable and sustainable growth and its ambition to accelerate its growth in North America.
BillerudKorsnäs has entered into a merger agreement with Verso Corporation under which BillerudKorsnäs has agreed to acquire Verso, a producer of coated papers in North America, for a purchase price of approximately $825 million USD.