Essity AB Embarks on New Era with Appointment of Ulrika Kolsrud as President and CEO

In a move that signals the company’s commitment to driving growth and development, Essity AB’s Board of Directors has appointed Ulrika Kolsrud as the new President and CEO, effective June 1st. This strategic appointment marks a significant leadership change for the global consumer staples leader, as Ulrika Kolsrud takes the reins from Magnus Groth, who had announced his departure earlier this year.

Ulrika Kolsrud, currently President of Essity’s business unit Health & Medical, brings a wealth of experience and expertise to the role. Her appointment is seen as a deliberate move to propel the company forward in its next phase of growth and development. With her deep understanding of the business and her proven track record of leadership, Ulrika Kolsrud is well-positioned to drive innovation, improve operational efficiency and enhance customer satisfaction.

Key Highlights of Ulrika Kolsrud’s Appointment

  • Effective June 1st, Ulrika Kolsrud will assume the role of President and CEO, succeeding Magnus Groth
  • Ulrika Kolsrud currently serves as President of Essity’s business unit Health & Medical
  • Her appointment is seen as a strategic move to drive growth and development in the next phase

As Essity AB embarks on this new era, the company is poised to capitalize on emerging trends and opportunities in the consumer staples industry. With Ulrika Kolsrud at the helm, stakeholders can expect a renewed focus on innovation, customer-centricity and operational excellence. As the company continues to navigate an increasingly complex and competitive landscape, Ulrika Kolsrud’s leadership will be instrumental in driving growth, improving profitability and enhancing the company’s market position.