DS Smith Plc
Appointment of Group Finance Director
18 November 2022
DS Smith Plc today announces the appointment of Richard Pike to the Company's Board as Group Finance Director and Executive Director with effect from Adrian Marsh's retirement next summer. The final date of appointment will be confirmed and his election put to the September 2023 AGM for approval in the normal manner.
Richard has been Chief Financial Officer of Biffa plc, a UK sustainable waste management business, for the last four years and has enjoyed a highly successful career in finance, including a decade of leadership roles in manufacturing.
Miles Roberts, Group Chief Executive Officer said: "We are delighted that Richard is joining us at a very exciting time for DS Smith. Richard has an excellent track record as a CFO in manufacturing businesses and great experience in the recycling and sustainability sectors. He will play a central role in the next chapter of growth for the Company."
Richard Pike said: "I am very proud to be joining DS Smith; a strong leader in the industry and a truly innovative brand in sustainability and the Circular Economy. The Company continues to grow across Europe and North America and I am very much looking forward to being part of it."
There is no other information that is required to be disclosed under Listing Rule 9.6.13R of the UK Listing Authority.
Iain Simm
Group General Counsel and Company Secretary
Enquiries:
DS Smith Plc +44 (0)20 7756 1800
Investors
Hugo Fisher, Group Investor Relations Director
Anjali Kotak, Investor Relations Director
Media
Greg Dawson, Group Corporate Affairs Director
About DS Smith
DS Smith is a leading provider of sustainable paper-based packaging worldwide which is supported by recycling and papermaking operations. It play a central role in the value chain across sectors including e-commerce, fast moving consumer goods and industrials. Through its purpose of 'Redefining Packaging for a Changing World' and its Now and Next sustainability strategy, DS Smith is committed to leading the transition to the circular economy, while delivering more circular solutions for its customers and wider society - replacing problem plastics, taking carbon out of supply chains and providing innovative recycling solutions. Its bespoke box-to-box in 14 days model, design capabilities and innovation strategy sits at the heart of this response. DS Smith operates in 34 countries employing around 30,000 people and is a Strategic Partner of the Ellen MacArthur Foundation.