Ardagh Holdings S.A. Announces Board Changes and Interim CFO Appointment
Luxembourg, December 15, 2025 — Ardagh Holdings S.A. outlined a series of governance updates, confirming new members joining its Board of Directors and the appointment of an interim Group Chief Financial Officer (CFO). The changes are aimed at reinforcing strategic oversight and ensuring continuity in the company’s financial leadership as it navigates ongoing market conditions.
New Board Members to Strengthen Governance
Galdino Claro and Richard Navarre are slated to join the board, alongside existing directors Mark Porto (Executive Chairman), Jean-Pierre Floris, and Herman Troskie. The appointment underscores Ardagh Holdings’ commitment to broadening expertise across key disciplines, including finance, operations, and strategic development. Both newcomers bring a track record of leadership and corporate governance in complex, global business environments, which the company says will enhance its ability to execute long-term strategies.
Upon joining, the new directors will participate in ongoing oversight of governance, risk management, and strategic planning. They will work with management to ensure that Ardagh Holdings maintains robust controls, transparent reporting, and alignment with shareholders’ interests as the company pursues growth initiatives in a competitive industry landscape.
Interim Group CFO Appointment
In addition to the board appointments, Ardagh Holdings announced the appointment of an interim Group Chief Financial Officer. The interim CFO will provide immediate financial leadership and continuity across the organization while the company conducts a thorough search for a permanent successor. This move is positioned to support smooth execution of the company’s financial plans, including budgeting, capital allocation, and performance reporting during a period of strategic transition.
Leadership changes of this kind are not uncommon in large, multinational groups as they strive to balance governance, strategy, and operational execution. The interim CFO’s mandate will focus on preserving financial discipline, maintaining strong internal controls, and ensuring timely and accurate financial disclosures to investors and regulators.
Strategic Context and Boardroom Stability
Ardagh Holdings notes that the governance refresh aligns with its broader strategy to bolster governance practices and maintain stability through leadership transitions. The company emphasizes continuity for employees, customers, and suppliers while pursuing value-enhancing initiatives. The board’s expanded composition is expected to contribute a wider range of perspectives on mergers, acquisitions, capital projects, and market-expansion opportunities.
Shareholders and market observers will be watching how these governance moves translate into execution milestones, risk management enhancements, and improved financial oversight. Ardagh Holdings remains focused on sustainable growth, disciplined capital management, and transparent communication with its stakeholders.
About Ardagh Holdings S.A.
Ardagh Holdings S.A. is a multinational company engaged in diversified business activities across its portfolio. The organization emphasizes strong governance, responsible leadership, and commitment to delivering shareholder value through strategic investments and efficient operations.
What Comes Next
The company did not disclose the interim CFO’s identity in this initial announcement, but stated that further details would be shared as the search for a permanent CFO progresses. The board will also provide updates on the introductions of Galdino Claro and Richard Navarre as they begin their roles and integrate with existing board members.
