Statement re Management Change

DUBLIN--()--

PRESS RELEASE
Dublin, 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

Smurfit Kappa

T: +353 1 202 71 80

E: ir@smurfitkappa.com

 

     

FTI Consulting

 

T: +353 1 672 9025

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 €8.2 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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Short Name: Smurfit Kappa GrpPLC
Category Code: STR
Sequence Number: 581102
Time of Receipt (offset from UTC): 20170404T182903+0100

Contacts

Smurfit Kappa Group PLC

Contacts

Smurfit Kappa Group PLC