UPM-Kymmene Oyj President and CEO Jussi Pesonen will retire during 2024. In accordance with the terms of his service contract, the company's President and CEO Jussi Pesonen has announced that he will exercise his right to retire from UPM during 2024. The service contract of the President and CEO was revised in 2019 at the expiry of the previous contract.

It defines the terms and conditions according to which Jussi Pesonen has continued his work as President and CEO beyond his original retirement age of 60.