Mondi Names Mike Powell as New Group Chief Financial Officer
Mike Powell
May 26, 2020 - Mondi plc today announced that Mike Powell will be appointed as Group Chief Financial Officer and as an executive director of Mondi plc. The effective date of his appointment will be announced in due course. Powell succeeds Andrew King, who was appointed as Mondi's Group Chief Executive Officer in April 2020. Mondi noted that Powell's appointment follows a thorough recruitment process involving internal and external candidates. "We are delighted that Mike will be joining the Mondi team," King said. "He has significant financial and strategic experience having been chief financial officer and an executive director of a number of large international listed companies, most recently Ferguson plc." Powell commented, "I am excited to be joining Mondi as CFO and look forward to working with Andrew, the Board and Mondi colleagues to continue to develop and grow the business, delivering Mondi's strategy and helping to ensure its long-term sustainable future." Powell started his career at Pilkington plc, spending 15 years in a variety of finance and operational roles. He went on to become Chief Financial Officer at Nippon Sheet Glass and then AZ Electronic Materials plc. He was subsequently appointed Group Finance Director at BBA Aviation plc before taking up his current role as Group Chief Financial Officer at Ferguson plc. Powell has a Bachelor of Science in Computer Science & Accounting from the University of Manchester and is an associate of the Chartered Institute of Management Accountants. Mondi is a global leader in packaging and paper, offering innovative and sustainable packaging and paper solutions. The company is fully integrated across the packaging and paper value chain. To learn more please visit: www.mondigroup.com. SOURCE: Mondi plc |