Mondi Group announces that David Hathorn, Group CEO, has informed the Boards of his decision to retire. Peter Oswald, currently an Executive Director and CEO of the Europe & International Division, will succeed David as Group CEO.
In order to ensure a smooth transition, David and Peter will work together over the next three months and David will stand down as Group CEO and as a director of Mondi plc and Mondi Limited at the conclusion of the Annual General Meetings on 11 May 2017, at which time Peter will assume the full responsibility as the Group CEO. Thereafter David will support Peter as required and continue to work in an executive capacity until his retirement in February 2018.
Mondi is an international packaging and paper Group, employing around 25,000 people across more than 30 countries.
