Photo courtesy of Mondi.
In 2016, the Fibre Packaging business unit generated sales of around €2 billion. It consists of three segments and sells corrugated packaging products, industrial bags and extrusion coatings for a variety of consumer and industrial applications.
Bouts is replacing Jussi Vanhanen, who decided to leave Mondi to lead a private-equity-owned business in Finland.
Most recently, Bouts was the global leader of Ball Corporation’s Global Metal Beverage Packaging Business. Before that, he was president of the EMEA region for Owens-Illinois Inc., a manufacturer of glass packaging products. Bouts began his career at Philips, where he spent 21 years and advanced to become president and CEO of Philips Lighting North America. He then joined ICI Paints North America as the CEO of the Glidden Company.
Bouts attended Harvard Business School’s Advanced Management Program and has a master’s of business administration degree from the University of Tilburg in the Netherlands. He is a citizen of the Netherlands.