DS Smith unveils new board chairman

Related tags Ds smith Management Corporate governance

DS Smith has announced that Gareth Davis has replaced Peter Johnson as chairman of the board with immediate effect.

The UK-based firm said Johnson, who also resigned from the board, had been planning to retire in 2012.

Davis, who has been acting chairman since October 2011 and has been a non-Executive Director of DS Smith Plc since June 2010. He will become Chairman of the Board and of the Nominations Committee, said a company statement.

Previously, he was Group Chief Executive of Imperial Tobacco PLC and is Chairman of both Wolseley plc and William Hill PLC.

Chris Bunker, senior non-executive director of DS Smith, said: “On behalf of the Board and the Company, I would like to thank Peter for his immeasurable contribution to DS Smith. He has led the business through a period of transformation, and the business is in an excellent position to grow and develop further as a result.”

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