May 9, 2025 - Essity announced that its Board of Directors has appointed Ulrika Kolsrud as President and CEO, effective June 1. She succeeds Magnus Groth, who earlier this year informed the Board that he will leave his position during the year.
Groth has been with Essity for 14 years and has served as President and CEO since June of 2017.
Currently, Kolsrud holds the position as President of Essity's business unit Health & Medical.
Jan Gurander, Chairman of the Board at Essity, commented, "Ulrika has extensive and broad experience across the industries in which Essity operates. She has worked in all areas of the value chain, such as innovation, production, and sales.
"Ulrika has been a member of the Executive Management Team since 2015, and since 2019 she has been successfully heading Health & Medical. She has an engaging and positive leadership style and the right background to lead Essity," Gurander added.
Kolsrud is 54 years old and holds a Master of Science in Engineering from Chalmers University of Technology. She will be based at Essity's head office in Stockholm, Sweden.
Headquartered in Stockholm, Sweden, Essity is a global producer of consumer tissue, professional and personal hygiene and health products.
SOURCE: Essity