Packaging firm Mondi Group has announced the appointment of Philip Yea as its new chairperson, with effect from the company's AGM on 7 May 2020.
Yea is also joining the company as a non-executive director, effective 1 April.
He previously worked at Mars and Guinness before being named group finance director at Diageo upon the creation of the business in 1997.
He also previously held senior roles at Investcorp and 3i Group, where he has held the position of CEO since 2009.
As chairman, Yea replaces David Williams, who is to retire from the business and step down from the board of Mondi at the AGM.
'Immense Contribution'
“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," commented Stephen Harris, Mondi's senior independent director.
On Yea's appointment, Harris added that 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.”
© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine.
