DS Smith Plc has announced the appointment of Richard Pike to the Company’s Board as Group Finance Director and Executive Director with effect from Adrian Marsh’s retirement next summer.
The final date of appointment will be confirmed and his election put to the September 2023 AGM for approval in the normal manner.
Mr Pike has been Chief Financial Officer of British waste management company Biffa for the last four years.
"We are delighted that Richard is joining us at a very exciting time for DS Smith. Richard has an excellent track record as a CFO in manufacturing businesses and great experience in the recycling and sustainability sectors. (He) will play a central role in the next chapter of growth for the Company," said Miles Roberts, Group Chief Executive Officer at DS Smith
Mr Pike commented: "I'm very proud to be joining DS Smith; a strong leader in the industry and a truly innovative brand in sustainability and the Circular Economy. The Company continues to grow across Europe & North America and I am very much looking forward to being part of it."
In October, Biffa agreed to be taken over by US investor Energy Capital Partners (ECP).