Mondi PLC Directorate Change
28 January 2021 - 7:30PM
UK Regulatory
TIDMMNDI
Mondi plc
Incorporated in England and Wales
Registered number: 6209386
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00B1CRLC47
JSE share code: MNP
28 January 2021
Retirement of Stephen Harris
Mondi Group announces that Stephen Harris, Mondi's Senior Independent Director,
has informed the Board of his decision to retire. Stephen will step down from
the Board of Mondi plc at the conclusion of the Annual General Meeting on 6 May
2021.
Mondi's Chair, Philip Yea, commented:
"I would like to take the opportunity, on behalf of the Mondi Board, to thank
Stephen for his significant contribution to Mondi since his appointment in
2011. Stephen has played a key role in his nine years on the Board, initially
as a non-executive director and chair of the Sustainable Development Committee,
and latterly as Senior Independent Director. His extensive experience in
engineering and manufacturing and his CEO background have provided valuable
insight to the Board during his tenure. We wish him all the best for the
future."
We are pleased that with effect from the conclusion of the Annual General
Meeting, Stephen Young, an independent non-executive director and current chair
of the Audit Committee, will succeed Stephen as Senior Independent Director.
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
Stephen Harris will receive payment of his normal fees for the period to his
retirement date of 6 May 2021. 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, contributing to a better world
by making innovative packaging and paper solutions that are sustainable by
design. Our business is fully integrated across the value chain - from managing
forests and producing pulp, paper and plastic films, to developing and
manufacturing effective industrial and consumer packaging solutions.
Sustainability is at the centre of our strategy and intrinsic in the way we do
business. We lead the industry with our customer-centric approach,
EcoSolutions, where we ask the right questions to find the most sustainable
solution. 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.
END
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