Statement re Board Appointment
02 Avril 2008 - 2:00PM
UK Regulatory
Smurfit Kappa Group PLC
Smurfit Kappa Announces Board Appointment
Mr Thomas Brodin to join Board
SKG.I SKG.L
Dublin, London, 2 April, 2008: Smurfit Kappa Group plc ('SKG' or the 'Group'),
one of the world's largest integrated manufacturers of paper-based packaging
products with operations in Europe and Latin America, is pleased to announce the
appointment of Mr Thomas Brodin to the Board as an independent, non-executive
Director with effect from 2 April, 2008.
Thomas Brodin, 44, is currently Head of Equity Research and a member of the
executive management team at Erik Penser Fondkommission, an independent and
privately owned Swedish securities firm.
Previously Mr Brodin was a European paper & packaging research analyst and
Managing Director at Citigroup between 1995 and 2007. Prior to that Mr Brodin
served as a paper & packaging research analyst at Credit Suisse First Boston
between 1992 and 1995 and at Svenska Handelsbanken between 1990 and 1992. In
total, Mr Brodin was an analyst covering the paper and packaging sector for 17
years.
Between 1998 and 2007 Mr Brodin was ranked as the leading European analyst
covering the paper and packaging sector by Extel and Institutional Investor
Surveys. He was also voted the best Individual pan-European sell-side analyst,
across all sectors, in the Extel Survey in both 2001 and 2004.
Mr Sean Fitzpatrick, Chairman of the SKG Board commented, "We are delighted that
Thomas is joining the Smurfit Kappa Group Board. His knowledge of and experience
within the paper and forest products sector will be valuable to the Board."
Mr Gary McGann, Smurfit Kappa Group Chief Executive Officer, added "We have
known and respected Thomas for many years. He will contribute meaningfully to
the Board's strategic and capital allocation decision making process."
About Smurfit Kappa Group
Smurfit Kappa Group is a world leader in paper-based packaging with operations
in Europe and Latin America.
Smurfit Kappa Group operates in 22 countries in Europe and is the European
leader in containerboard, solid board, corrugated and solid board packaging and
has a key position in several other packaging and paper market segments,
including graphic board, sack paper and paper sacks. Smurfit Kappa Group also
has a growing presence in Eastern Europe. Smurfit Kappa Group operates in 9
countries in Latin America and is the only pan-regional operator.
Contacts Information
Smurfit Kappa Group +353 1 202 7000 Beech Hill, Clonskeagh
Dublin 4, Ireland
K Capital Source +353 1 631 5500 Ph +353 1 202 7000
smurfitkappa@kcapitalsource.com
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