Ksenia Sosnina will take up the position of CEO of ILIM Group, St. Petersburg, Russia, effective  June 16, 2016. She replaces Franz Josef Marx, who has held this post for the past three years. Sosnina’s appointment was confirmed by the board of directors on May 31, 2016.

Sosnina has many years of experience in the pulp and paper industry, having held numerous management positions in leading international companies across the industry. Since 2013, she has been president of International Paper Russia, where her responsibilities encompassed all of the company’s operational activities including production, sales, and business development. Sosnina has been a member of the ILIM Group Board of Directors since 2015.

Chairman of the Board of Directors of ILIM Group Zakhar Smushkin said that "ILIM Group has entered a new stage in its development with the adoption of a Strategy through 2030 and the approval of an ambitious business plan that calls for investments in increasing our production capacities. I believe that Ksenia Sosnina’s knowledge and experience will help ILIM Group to achieve these ambitious goals. I would like to thank Franz Marx for successfully carrying out the tasks set for him by the board of directors, and wish him every professional success in the future."