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King has been with Mondi for 17 years, most recently as CFO.
February 19, 2020
By: DAVID SAVASTANO
Mondi plc announces that Andrew King, Group CFO and a director of Mondi plc, will be appointed as Group CEO with effect from April 1, 2020. King will succeed Peter Oswald who, as announced on Jan. 10, 2020, will be stepping down as CEO and leaving Mondi plc on March 31, 2020. “I am delighted that someone of Andrew’s caliber 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,” said David Williams, chair of Mondi plc. “Andrew’s 17 years’ experience with Mondi in various strategy, business development and finance leadership roles will benefit the Group enormously. 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.”
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