Fred Phaswana, joint chair of boards of Mondi Ltd. and Mondi plc, to retire
March 21, 2019
Mondi Group announces that Fred Phaswana, Joint Chair of the boards of Mondi Limited and Mondi plc, will retire. He will stand for re-election at the annual general meetings of Mondi Limited and Mondi plc in May 2019 and, subject to his re-election by shareholders, will remain in office until completion of the proposed simplification, currently expected to be in the second half of 2019, after which Fred intends to retire as Joint Chair of the Boards.
Mondi also announces that David Williams intends to retire in early 2020, having served more than nine years as Joint Chair and almost 12 years on the Boards.
The Boards, led by Stephen Harris, Senior Independent Director, will now initiate the search for a new chair.