– UK, Addlestone – Mondi Group PLC (LON: MNDI) today announced the appointment of Svein Brandtzaeg to its Board as an independent non-executive director, effective from 22 April 2021.
“The Mondi Group is delighted that Svein Richard will be joining our board. He has a strong commercial and strategic background as a former chief executive of Norsk Hydro ASA, and more recently as a non-executive director on a number of Boards. His experience of leading a global industrial group and the insight he can offer will be extremely valuable to the Board.” said Board Chair, Philip Yea.
About Svein Richard
Svein Richard has a PhD in chemical engineering from the Norwegian University of Science and Technology. He started his career at Ardal og Sunndal Verk AS, the Norwegian state-owned aluminium business before it merged with Norsk Hydro ASA. Svein Richard went on to hold a variety of management roles at Norsk Hydro, leading a number of its businesses before being appointed chief executive in 2009, a position he held until retiring in 2019.
Svein Richard is chair of Veidekke ASA and a non-executive director of Den Norske Bank ASA, Swiss Steel Holding AG, SCR-Sibelco SA and Eramet Norway.
Svein Richard who intends to reduce his external commitments in line with governance guidelines before joining Mondi will be a member of the audit, nominations and sustainable development committees with effect from the date of his appointment.
Mondi is a global leader in packaging and paper, contributing to a better world by making innovative packaging and paper solutions that are sustainable by design. Our business is fully integrated across the value chain – from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is at the centre of our strategy and intrinsic in the way we do business. We lead the industry with our customer-centric approach, EcoSolutions, where we ask the right questions to find the most sustainable solution.
Mondi has a premium listing on the London Stock Exchange and a secondary listing on the JSE Limited. Mondi is an FTSE 100 constituent and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.
For more information: https://www.mondigroup.com/en
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