The board of DS Smith Plc announced that Steve Dryden, Group Finance Director, has informed the company that he intends to step down from the board to take up a role in a private equity backed business. The board has commenced a process for the selection of an appropriate candidate as successor. Mr. Dryden's 12 month notice period expires in January 2014.

In the meantime, he will continue to carry out his executive responsibilities as well as concluding the integration of SCA Packaging and ensuring a smooth transition of responsibilities to his successor, prior to leaving DS Smith.