logo-loader
viewMondi PLC

Mondi promotes chief financial officer to top job

Andrew Kind will step in at the end of March when Peter Oswald is set to leave

Mondi PLC - Mondi appoints chief financial officer as boss

Mondi PLC (LON:MNDI) has appointed Andrew King as chief executive a month after Peter Oswald announced his departure.

King was initially nominated as an interim successor to take over at the end of March, when Oswald is set to leave.

READ: Mondi CEO Peter Oswald to step down

King has been at the FTSE 100-listed packaging group for 17 years in various strategy, business development and finance leadership roles.

“He has been instrumental in defining the group’s strategic direction since listing and I am confident he will bring significant insight and leadership to the role of CEO,” said chair David Williams.

“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.”

Shares dipped 1% to 1,642p on Tuesday morning.

--Adds shares--

Quick facts: Mondi PLC

Price: 1223.5 GBX

LSE:MNDI
Market: LSE
Market Cap: £5.94 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Bango PLC's Ray Anderson details expanded strategic partnership with NHN Corp

Bango PLC's (LON:BGO) Ray Anderson speaks to Proactive London's Andrew Scott after announcing they've expanded its global data partnership as well as receiving a strategic investment from NHN Corp - a South Korean big data business. NHN will invest £6.5mln into the Audiens data platform,...

1 day, 12 hours ago

2 min read