Smurfit Kappa GrpPLC Directorate change

 
TIDMSKG 
 
 

Dublin, London | 2 March 2017

Board Changes

Appointment of Jørgen Buhl Rasmussen as an independent Director

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 Jørgen Buhl Rasmussen to the Board as an independent non-executive Director with immediate effect.

In addition, non-executive Director's Thomas Brodin and Gary McGann have indicated to the Board they will not seek re-election at the Group's AGM to be held on 5 May 2017 and will step down from the Board on that date.

Liam O' Mahony, Smurfit Kappa Group Chairman, commented:

"We are pleased to welcome Jørgen to the Board. We look forward to drawing on his expertise in the FMCG sector and his experience as CEO of one of the world's leading beverage companies."

"We would also like to record our sincere appreciation for the substantial contribution of Thomas who has been a valued member of the Board since 2008 and our Senior Independent Director for the last two years. Gary is our former CEO and we would again like to thank Gary for his outstanding achievements while leading the Group as CEO from 2002 to 2015."

Jørgen Buhl Rasmussen

Jørgen Buhl Rasmussen was President and CEO of Carlsberg Group from 2007 to 2015. Appointed to the Executive Board of Carlsberg A/S in 2006, he previously held senior positions covering Western, Central and Eastern Europe, the Middle East, Africa and Asia in several global FMCG companies, including Gillette Group, Duracell, Mars and Unilever.

He is Chairman of Novozymes AS, a biotechnology company and Chairman of Uhrenholt AS, a global food wholesaling company.

ENDS

 
Contact 
Garrett Quinn            FTI Consulting 
Smurfit Kappa 
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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.

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View source version on businesswire.com: http://www.businesswire.com/news/home/20170302005843/en/

 
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(END) Dow Jones Newswires

March 02, 2017 09:53 ET (14:53 GMT)