Smurfit Kappa GrpPLC Statement re Management Change
April 05 2017 - 2:30AM
UK Regulatory
TIDMSKG
PRESS RELEASEDublin, London | 5 April 2017
Management Change
Smurfit Kappa appoints Saverio Mayer as CEO Europe
SKG.I SKG.L
Smurfit Kappa Group plc ('SKG' or the 'Group'), one of the
world's largest manufacturers of paper-based packaging products,
with operations in Europe and the Americas, announces the
appointment of Saverio Mayer, COO of Corrugated and Converting
Europe, as CEO Europe. He succeeds Roberto Villaquiran who steps
down from this position to pursue another opportunity.
Tony Smurfit, Group CEO, commented:
"We are delighted to announce the appointment of Saverio Mayer
as CEO Europe. Saverio Mayer has been with the Group for over 30
years and was most recently the COO of our European Corrugated and
Converting operations. Saverio has played a key role in the growth
and development of our European business and will bring great
energy and experience to the role.
"Roberto leaves Smurfit Kappa to pursue another opportunity
outside of the paper-based packaging sector. He has helped the
Group build and sustain its leading position in Europe and we thank
him for his significant contribution to the Group in his various
leadership roles. We wish him well for the future."
ENDS
This announcement contains inside information.
The person responsible for arranging for the release of this
announcement on behalf of Smurfit Kappa Group plc is Michael
O'Riordan, Company Secretary. The date and time of this
announcement is the same as the date and time that it has been
communicated to the media.
About Saverio Mayer
Since joining the Company in 1986, Saverio has held a number of
commercial and operational roles. In 1996 he became Head of Pan
European Sales before taking up the position of CEO of Italy in
2001. In conjunction with his role in Italy, Saverio has also been
CEO of SK Russia 2007-2009, CEO of SK Poland from 2007-2011 and
since 2011 was responsible for the Bag-in-Box ('BIB') Division. In
September 2015, he was appointed Chief Operations Officer of
Corrugated and Converting Europe and was responsible for the
operational, sales, and financial performance of the corrugated
plants and BIB. (Nationality: Italian, Age:51)
Contact
Garrett Quinn FTI Consulting
Smurfit Kappa
T: +353 1 202 71 80 T: +353 1 672 9025
E: ir@smurfitkappa.com E: smurfitkappa@fticonsulting.com
About Smurfit Kappa
Smurfit Kappa, a FTSE 100 company, is one of the leading
providers of paper-based packaging solutions in the world, with
around 45,000 employees in approximately 370 production sites
across 34 countries and with revenue of EUR8.2 billion in 2016. We
are located in 21 countries in Europe, and 13 in the Americas. We
are the only large-scale pan-regional player in Latin America.
With our pro-active team we relentlessly use our extensive
experience and expertise, supported by our scale, to open up
opportunities for our customers. We collaborate with forward
thinking customers by sharing superior product knowledge, market
understanding and insights in packaging trends to ensure business
success in their markets. We have an unrivalled portfolio of
paper-packaging solutions, which is constantly updated with our
market-leading innovations. This is enhanced through the benefits
of our integration, with optimal paper design, logistics,
timeliness of service, and our packaging plants sourcing most of
their raw materials from our own paper mills. Our products, which
are 100% renewable and produced sustainably, improve the
environmental footprint of our customers.
smurfitkappa.com
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View source version on businesswire.com:
http://www.businesswire.com/news/home/20170404006572/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
April 05, 2017 02:30 ET (06:30 GMT)
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