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Mondi names Peter Oswald to replace David Hathorn as group CEO

David HathornMondi Group, a packaging and paper group, announces that David Hathorn, group chief executive officer, has informed the boards of his decision to retire, effective May 11, 2017.

Mr. Hathorn joined the Group in 1991, and has served as CEO since 2000.

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Peter Oswald, currently an Executive Director and Chief Executive Officer of the Europe & International Division, will succeed Mr. Hathorn as Group Chief Executive Officer.

Mr. Oswald has over 25 years’ experience in the packaging and paper sector with detailed knowledge of operations and extensive experience of the acquisition, disposal, restructuring, turnaround and organic growth of businesses. He began his career with Deutsche Bank and automotive company KTM.

Mr. Oswald joined the Frantschach Group in 1992 as the head of internal audit, later becoming corporate controller.

After serving as chief executive of the bag and flexibles business from 1995 to 2001, he was appointed chief executive of Mondi Packaging Europe in 2002, leading its subsequent integration with Frantschach into the new Mondi packaging division.

Having held a number of senior executive roles within Mondi, Peter was appointed chief executive officer of the Europe & International Division in January 2008.

He was a non-executive director of Telekom Austria AG between 2008 and 2014 and of MIBA AG between 2014 and 2015 and chairman of the supervisory board of OMV AG between 2015 and 2016.

Mr. Oswald is currently serving as Chairman of the Confederation of European Paper Industries (CEPI). In 2013, he was named European and Global CEO of the year by RISI, an information provider for the global forest products industry.

Mr. Oswald graduated in law from the University of Vienna and in business administration from WU-Vienna Business School.


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