SPI.F - Sappi Limited

Frankfurt - Frankfurt Delayed Price. Currency in EUR

Sappi Limited

108 Oxford Road
Rosebank
Johannesburg 2196
South Africa
27 11 407 8111
http://www.sappi.com

SectorBasic Materials
IndustryPaper & Paper Products
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Stephen Robert Binnie B.Com., C.A., M.B.A., B.Com, B Acc, CA(SA), MBACEO & Exec. Director1.18MN/A1967
Mr. Glen Thomas Pearce B.Com., C.A., BCom Hons, CA (SA)CFO & Exec. Director698.78kN/A1963
Mr. Gary BowlesGroup Head Technology546.75kN/A1960
Mr. Maarten Van HovenGroup Head of Strategy & Legal348.97kN/A1973
Mr. Fergus C. S. MarupenGroup Head of HR378.93kN/A1964
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Sappi Limited, a woodfibre company, manufactures and sells dissolving wood pulp, specialties and packaging papers, and graphic/printing papers to direct and indirect customers in North America, Europe, Southern Africa, and internationally. The company offers dissolving wood pulp products that are used by converters to create viscose fiber for clothing and textiles, acetate tow, and pharmaceutical products, as well as a range of consumer products. It also provides packaging and specialty papers, which are used in the manufacture of soup sachets, luxury carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, and tissue wadding for household tissue products, as well as casting and release papers for the fashion, textiles, automobile, and household industries. In addition, the company offers graphic paper products that are used by printers in the production of books, brochures, magazines, catalogues, direct mail, newspapers, and various other print applications; and newsprint, uncoated graphic, and business papers. Further, it develops and processes biomaterials and biochemicals; offers sawn timber for construction and furniture manufacturing purposes; and produces and sells green electricity through a network of 5 hydro, 2 gas, and 31 steam turbines that generate approximately 800MW renewable power on 14 sites across 7 countries, as well as produces biogas. The company was formerly known as South African Pulp and Paper Industries Limited and changed its name to Sappi Limited in 1973. Sappi Limited was founded in 1936 and is headquartered in Johannesburg, South Africa.

Corporate Governance

Sappi Limited’s ISS Governance QualityScore as of April 1, 2019 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.