Mondi has confirmed that Andrew King, Group CFO and a director of Mondi plc, will be appointed as Group Chief Executive Officer with effect from 1 April 2020. He will succeed Peter Oswald who will be stepping down as CEO and leaving Mondi plc on 31 March 2020.
David Williams, Chair of Mondi plc, commented, “I am delighted that someone of Andrew’s calibre has agreed to succeed Peter as CEO. This appointment follows a formal review process, assessing both internal and external candidates, which convinced the Board that he is the right person to lead the Group. During his time with Mondi, Andrew has consistently demonstrated considered and effective leadership.
King added, “I am excited to accept the role as CEO of Mondi. We have a clear strategic focus, robust business model and many talented and dedicated people. I look forward to working with the Board and the wider leadership team to continue the successful development of the Group.”