Board of Directors
The board and management team of the Mondi Group operate and manage the business as if it were a single economic entity. While Mondi Limited and Mondi plc are separate corporate entities and each have a board of directors, the Boards and management team are comprised of the same people.
This symmetrical arrangement is safeguarded by the provisions of the DLC Sharing Agreement between Mondi Limited and Mondi plc and the Memorandum of Incorporation and Articles of Association of each company respectively.
While the Board has delegated the day-to-day management of the Group to the Chief executive officer, there is a formal schedule of matters reserved for the Board which provides a framework for the Board to oversee control of the Group’s affairs.