UPM appoints Joonas Rauramo EVP Energy
Analysis based on 6 articles · First reported Jun 03, 2026 · Last updated Jun 03, 2026
The appointment of Joonas Rauramo>>> to a key executive position at UPM>>> is likely to be viewed positively by the market, as his expertise in energy and decarbonisation aligns with growing industry trends. This move could enhance UPM>>>'s strategic positioning in the renewable energy sector, potentially leading to increased investor confidence and a slight positive impact on its stock price.
UPM>>> announced the appointment of Joonas Rauramo>>> as Executive Vice President, UPM Energy, effective October 1, 2026. Rauramo will join UPM>>>'s Group Executive Team and report to President and CEO Massimo Reynaudo>>>. He brings extensive experience from his previous roles as CEO of Coolbrook Oy>>> and various positions at Fortum>>>, focusing on power generation, industrial decarbonisation, energy markets, project financing, M&A, and global partnerships. Massimo Reynaudo>>> expressed enthusiasm for Rauramo's capabilities, emphasizing their importance for UPM>>>'s energy business development and contribution to a sustainable energy future. Rauramo also serves as a board member at Korkia>>> and a member of the IEA Technology and Innovation Advisory Board of the International Energy Agency>>>. He will be based in Nasdaq Helsinki>>>, Finland>>>.
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