To view the PDF file, sign up for a MySharenet subscription.

MONDI PLC - Mondi appoints Chair

Release Date: 17/03/2020 09:00
Code(s): MNP     PDF:  
Wrap Text
Mondi appoints Chair

Mondi plc
Incorporated in England and Wales
Registered number: 6209386
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI        ISIN: GB00B1CRLC47
JSE share code: MNP


17 March 2020

Mondi appoints Chair

Mondi Group is pleased to announce the appointment of Philip Yea as a non-executive
director of Mondi plc with effect from 1 April 2020 and Chair with effect from the
conclusion of the Annual General Meeting scheduled for 7 May 2020 (“AGM”). Philip will
replace David Williams who, as announced in March 2019, will retire. David will step
down from the Board of Mondi plc at the conclusion of the AGM.

Stephen Harris, Mondi’s Senior Independent Director, commented:

“I would like to take the opportunity, on behalf of the Mondi Board, to thank David for his
immense contribution to Mondi since its listing in 2007. David’s significant business
experience, his invaluable guidance and his leadership during this period have been vital
to the Group’s development and we are extremely grateful to him. We wish David all the
best for the future.

We are delighted that Philip will be joining us. He has extensive listed company
experience, both as an executive and non-executive director, across a range of sectors.
His broad industry background and knowledge of operating within large, international
corporates will bring valuable insight to the Board. Philip also has significant leadership
experience which will be key to the future growth and development of Mondi.”

Philip graduated with an MA in Modern Languages from Oxford University and is a fellow
of the Chartered Institute of Management Accountants. He started his career as a
graduate trainee at Perkins Engines before holding a range of finance roles at
companies including Mars Ltd and Guinness plc, becoming Group Finance Director of
Diageo plc on its creation in 1997. He was a managing director at Investcorp from 1999
to 2004, leaving to become CEO of 3i Group plc, a role he held until 2009. He has held a
number of non-executive roles, including senior independent director at Vodafone Group
plc and Computacenter plc, chair at Greene King plc and bwin.party digital entertainment
plc and non-executive director at Rocket Internet SE. Philip is currently chair of Equiniti
Group plc and a non-executive director at Aberdeen Standard Asia Focus plc and
Marshalls of Cambridge (Holdings) Ltd.

Philip will be a member of the nominations and remuneration committees with effect
from his appointment to the Board and will chair the nominations committee with effect
from his appointment as Chair of the Board.

There are no other details that require to be disclosed in respect of this appointment
pursuant to Rule 9.6.13 of the UK Listing Rules.


Contact details:
Mondi Group

Clara Valera
Group Head of Strategy & Investor Relations
+44 1932 826357

Kerry Crandon Cooper
Group Head of External Communication
+44 1932 826323


Further information:

Pursuant to section 430(2B) of the UK Companies Act 2006, we advise that David
Williams will receive payment of his normal fees for the period to his retirement date of 7
May 2020. No other remuneration payments or payment for loss of office have been or
will be made in connection with his retirement.



About Mondi

Mondi is a global leader in packaging and paper, delighting its customers and
consumers with innovative packaging and paper solutions that are sustainable by
design. Our business is fully integrated across the packaging and paper value chain -
from managing forests and producing pulp, paper and plastic films, to developing and
manufacturing effective industrial and consumer packaging solutions. Sustainability is
embedded in everything we do. In 2019, Mondi had revenues of €7.27 billion and
underlying EBITDA of €1.66 billion.

Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary
listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, and has been
included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible
Investment Index Series since 2007.

Sponsor in South Africa: UBS South Africa Proprietary Limited.

Date: 17-03-2020 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story