The division generated sales of around €1.5bn (£1.27bn) and profits of €108 (£92m).
The business unit consists of the segments consumer goods packaging (primarily laminates and stand-up pouches), personal care components (including elastic film for nappies), technical films (e.g. barrier, label and surface protection films) and siliconised materials.
In the past 12 months the paper giant has made some strategic acquisitions, snapping up consumer packaging businesses in South Korea, Thailand, Turkey and Russia.
Kasperkovitz joined Mondi in March 2016 as finance director consumer packaging. From 2012 until 2015 he was CFO and COO of Rail Cargo Austria AG. For the previous 13 years he worked as a consultant for McKinsey & Company.
Peter J Oswald, chiefe executive, Mondi Europe & International, said the flexible packaging world is evolving quickly.
“I am excited that Georg is taking on this leadership role in this fast growing part of our business. His international experience and his track record in driving change add great value to our organisation.”
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