Smurfit Westrock plc (SW, Financial) has announced a significant leadership change as Jairo Lorenzatto, the President and Chief Executive Officer for LATAM, will be stepping down from his role on January 31, 2025, due to personal reasons. Alvaro Henao, currently serving as the Senior Vice President of Integration, will succeed him effective February 1, 2025. Mr. Lorenzatto will continue to support the company in a non-executive advisory capacity until March 1, 2025, to ensure a smooth transition.
Alvaro Henao brings a wealth of experience to his new role, having held various positions of increasing responsibility over a 36-year career at Smurfit Kappa Group plc, which merged with WestRock Company to form Smurfit Westrock plc in July 2024. Most notably, Mr. Henao served as the Chief Executive Officer of the Central Cluster at Smurfit Kappa Group plc from 2013 to 2023.
This leadership transition marks a new chapter for Smurfit Westrock plc as it continues to navigate the complexities of the global market. Investors and stakeholders will be keenly observing how Mr. Henao’s extensive experience and strategic vision will influence the company’s future trajectory.