The enhanced role of former Mondi CEO reflects succession and growth planning
The Board of Maitland, a global family office, administration and advisory firm, has appointed David Hathorn as Deputy Chairman with effect from 1 February 2019 as part of Maitland’s ongoing succession planning.
Mr Hathorn has been a non-executive Director of Maitland International Holdings plc and Chairman of its Audit and Risk Committee since May 2017.
Prior to his appointment to the Maitland Board, Mr Hathorn was CEO for 17 years of FTSE 100 packaging and paper giant Mondi plc, which is dual listed in London and Johannesburg.
Michael Solomon, Maitland Chairman, said: “We are delighted that David has agreed to take on the Deputy Chair role at Maitland. David has already made a significant impact since joining the Board and I have no doubt that that in his new role, and with his extensive expertise and skills, he will continue to contribute significantly to the well-being and growth of Maitland.”
Mr Hathorn has an illustrious international career spanning over 30 years, 25 of which were with Mondi. He served as CEO of Mondi for 17 years until May 2017. During this period, he was instrumental in Mondi’s international expansion and led the group through a demerger from Anglo American plc in 2007, with a concurrent listing on the London and Johannesburg Stock Exchanges.
Until 2007 Mr Hathorn was a member of the Anglo American plc Executive Committee from 2003 and was an executive director of Anglo American plc from 2005, serving on the boards of a number of Anglo group companies.
Based in South Africa, Mr Hathorn is also the Chairman of Kore Potash Limited, an ASX, AIM and JSE listed company, as well as the Chairman of Tessara (Pty) Ltd, a South African based company in the packaging industry which produces a product that extends the shelf life of grapes and other fresh products.