Business News

Mondi: Board Changes

Wednesday 05. August 2009 - The Boards of Mondi Limited and Mondi plc announce that further to their announcement on 10 July, Sir John Parker will be succeeded as Joint Chairman by David Williams with immediate effect.

David Williams has been the senior independent director and chairman of the DLC Audit Committee since joining the Boards of Mondi Limited and Mondi plc in May 2007.
Anne Quinn, an independent non-executive director and chair of the DLC Remuneration Committee, who also joined the Boards of Mondi Limited and Mondi plc in May 2007, will succeed David Williams as senior independent director.
The DLC Nominations Committee has commenced the process of seeking an additional independent non-executive director able to succeed David Williams as chairman of the DLC Audit Committee.
Cyril Ramaphosa, Joint Chairman, said “It has been a pleasure to work together with Sir John as Joint Chairmen of Mondi, guiding the Group through its transition to an independently listed enterprise and helping to develop its strategic direction during the last two years. I look forward to working more closely with David who is a worthy successor and will help provide stability and continuity for the Group during the current difficult economic environment.”