| Fri 10 Aug 2007, 15:00 | | BAT - Brait S.A. Societe Anonyme - Change in Board |
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BAT
BRAIT
BAT - Brait S.A. Societe Anonyme - Change in Board of directors
Brait S.A. Societe Anonyme
(Incorporated in Luxembourg)
(RC Luxembourg B-13861)
Share code: BAT & ISIN: LU0011857645
("Brait" or the "Company")
CHANGE IN BOARD OF DIRECTORS
Chris Tayelor has resigned as Financial Director of Brait and as a Director
of Brait and its subsidiaries, with effect from 8 August 2007.
Tayelor has served as Brait`s Financial Director since its inception.He
contributed significantly to Brait in his capacity Financial Director and
as a senior executive of Brait.
For some time, Tayelor has expressed a wish to cease executive involvement
in business. He will, however, retain a non-executive role at Brait while
pursuing personal and leisure interests. Accordingly, an orderly process of
handing over his responsibilities has taken place. Tayelor will continue to
keep his office at Brait and will be responsible for a number of group
projects. He will continue to provide advice and guidance to Brait.
CEO Antony Ball commented "on behalf of all of Chris` colleagues and our
fellow-directors, I would like to express sincere appreciation for Chris`
countless and selfless contributions made over the almost 10 years he has
been with Brait."
Mohale Masithela who joined Brait as the Chief Operating Officer in May now
joins the board of Brait S.A, with effect from 8 August 2007. He is
responsible for the finance, human resources, IT, marketing, facilities and
compliance functions and is tasked with managing special projects.
Masithela, an attorney by training, had been at PricewaterhouseCoopers
since 1999. He was a partner of the firm since 2001 and was a member of
the Executive Committee. Prior to joining PricewaterhouseCoopers,
Masithela was an Associate Director in the Corporate Finance division of
ABN Amro Bank. Prior to that, he worked in the New York and London offices
of a leading international law firm. Masithela received his Juris Doctor
degree from New York University School of Law and his Bachelors of Arts
degree, summa cum laude, from the City University of New York.
Luxembourg
10 August 2007
Sponsor
Deloitte & Touche Sponsor Services (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)
Date: 10/08/2007 15:00:38 Produced by the JSE SENS Department.
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