Fahour named exec chairman at Pro-Pac

Fahour named exec chairman at Pro-Pac
Former AusPost CEO will begin his role at growing packaging outfit in three weeks

The ex-CEO of Australia Post and undisputed bête noire of the printing and mailing industry Ahmed Fahour has landed himself another executive role, as executive chairman at packaging giant Pro-Pac.

Fahour has been a non-executive chairman for the Pro Pac board for the three years, and will begin his tenure as an executive from October 27.

[Related: AusPost figures clouded under restatements]

Pro-Pac says Fahour is to assume the role of executive chairman to assist the company with the merger of Integrated Packaging Group and the transition to a major international flexible packaging manufacturer and distributor.

Former Salmat CEO Grant Harrod is the managing director at Pro-Pac, which has just paid $177m for Integrated Packaging Group in order to get into the flexible packaging sector.

Fahour had a remuneration package worth $10.4m when he left the AusPost offices, following the furore over his salary, which at $5.6m including benefits was five times that of the head of the US Post and ten times that of the prime minister Malcolm Turnbull.  His replacement former Blackmores CEO Christine Holgate will be paid $1.37m plus the potential to earn another $1.37m.

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