Paul Coulson to Transition From Chairman to Director Role
Ardagh Group has announces a decision by Paul Coulson to step down as Chairman on 15 November 2023. Mr Coulson will be succeeded by Herman Troskie who currently serves as a director of Ardagh Group, Ardagh Metal Packaging and ARD Holdings, the ultimate parent of Ardagh Group. This transition is the culmination of a succession process that, in recent years, has seen the appointments of Oliver Graham as CEO of Ardagh Metal Packaging, and Michael Dick as CEO of Ardagh Glass Packaging.
Mr Coulson (71) has been Chairman of Ardagh Group since 1998, leading its development from a single-plant glass operation in Dublin with annual revenue of approximately $50 million, to a global player in sustainable glass and metal packaging, operating across Europe, the Americas and Africa, with annualised revenues of more than $9 billion. He will remain a Director and be the controlling shareholder of ARD Holdings.
Mr Troskie (53) will join Ardagh on a full-time basis in November. Based in Luxembourg, he will step down from his current role as CEO of Corporate, Legal and Tax Advisory at Stonehage Fleming, an international family office. He has been a director of Ardagh Group since 2009 and has been closely involved with the growth and development of the Group since then.
