On 17 March 2020 Mondi plc announced the appointment of Philip Yea as an independent non-executive director with effect from 1 April 2020. The company also confirmed that David Williams will retire and that Philip will be appointed chair of Mondi plc with effect from the conclusion of the Annual General Meeting. David Williams will not therefore stand for re-election at the Annual General Meeting. As Philip will have been appointed to the Board since the last Annual General Meeting, he will retire from office at this year's Annual General Meeting in accordance with the Articles of Association and has agreed to offer himself for election by shareholders. The timing of this change means that Philip's full details are not included in the Mondi Group Integrated report and financial statements 2019. Philip Yea will be appointed as a member of the nominations and remuneration committees with effect from 1 April 2020. Philip will be appointed chair of the nominations committee upon his appointment as chair of the Board. Philip started his career as a graduate trainee at Perkins Engines before holding a rang of finance roles at companies including Mars Ltd. and Guinness plc, becoming Group Finance Director of Diageo plc on its creation in 1997. He was a managing director at Investcorp from 1999 to 2004, leaving to become CEO of 3i Group plc, a role he held until 2009.