Mondi Europe & International, a Division of the Mondi Group, has named Georg Kasperkovitz as its CEO Consumer Packaging effective from 1 January 2017.
In 2015 Consumer Packaging generated sales of around 1.5 billion euros and EBIT of 108 million euros. The business unit consists of the segments Consumer Goods Packaging (primarily laminates and stand-up pouches), Personal Care Components (including elastic film for nappies), Technical Films (e.g. barrier, label and surface protection films) and Siliconised Materials. In support of the strategic focus to grow its packaging business, in the last twelve months Mondi has acquired consumer packaging businesses in South Korea, Thailand, Turkey and Russia.
„The flexible packaging world is evolving quickly and we want to offer our customers moreinnovative solutions that fulfil their needs. I am excited that Georg is taking on this leadership role in this fast growing part of our business. His international experience and his track record in driving change add great value to our organisation,” said Peter J Oswald, CEO Mondi Europe & International.
Georg Kasperkovitz (50) is stepping into the leadership role of CEO Consumer Packaging held by Peter J. Oswald, who is also the CEO Europe & International.
Georg Kasperkovitz joined Mondi in March 2016 as Finance Director Consumer Packaging. From 2012 until 2015 he was CFO and COO of Rail Cargo Austria AG. For the previous 13 years he worked as a consultant for McKinsey & Company Inc. He began his career with Eléctricité de France, where he had a number of positions, including Managing Director in Slovakia. Georg has a doctorate in mechanical engineering and an MBA from Harvard Business School.
Source: Packaging Europe
3M and Dow have announced they are cutting thousands of roles from their global workforces in response to economic pressures. Dow has said it will cut 2,000 jobs across its global workforce (around 5%) in a bid to save US$1bn in 2023. The company says it will also cut costs by shutting down “select assets”, though it did not note where it would halt operations.
Sweden’s state mining firm has discovered what could be Europe’s largest rare earths deposit, and says it could help the bloc reduce its reliance on imports of minerals needed to manufacture clean technologies and meet climate targets.
Henkel and Avantium have been partners since 2019, when Henkel joined the PEFerence consortium. This consortium of partners, coordinated by Avantium, aims to establish an innovative supply chain for FDCA and PEF (polyethylene furanoate).