| Thu 9 Apr 2009, 8:37 | | YRK - York Appoints New Chief Executive Officer |
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YRK
YRK
YRK - York Appoints New Chief Executive Officer
The York Timber Organisation Limited
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000008108
("York" or "the Company")
PRESS RELEASE - YORK APPOINTS NEW CHIEF EXECUTIVE OFFICER
The Board of Directors of York Timber Holdings Limited (York) has announced the
appointment of Pieter (Piet) van Zyl as Chief Executive Officer (CEO) of the
company with effect from Wednesday, 8 April 2009.
Van Zyl was previously Managing Director of Hans Merensky Timber Limited from
2004 until January 2009. Before that he was a director of Klein Karoo
International and a senior business analyst at the IDC. He holds BSc Agric and
BSc Agric Economics (Hons) degrees from the University of Pretoria, and
completed his MBL through UNISA.
"Piet brings a wealth of timber and sawmilling industry knowledge and expertise
to York and his diverse skills cover manufacturing, marketing, change
management, investment banking and people and strategy development," says Paul
Botha, a Non-Executive Director of York.
"The Board wishes to leverage Piet`s experience to steer York through the
changing economic environment South Africa is currently experiencing," he adds.
Lance Cooper, the company`s current CEO, will take on the position of Marketing
General Manager of York and, as a result, will step down as an Executive
Director of the Company effective 8 April 2009. "The Board thanks Lance for his
tenure as CEO, guiding York through the recent take-over of Global Forest
Products. We are fortunate to have retained his experience and specific
knowledge of the company in this restructuring," says Botha.
ISSUED FOR: YORK TIMBER HOLDINGS LIMITED (YORK)
CONTACT: Paul Botha, Non-Executive Director: 011 268 4000/011
268 4002 (direct)
FAX NO: 086 680 4301
E-MAIL: paulb@metier.co.za
WEBSITE: www.york.co.za
ISSUED BY: YORK Corporate and Investor Communications
CONTACT: Tish Stewart 011 442 5536 / 082 443 6399
FAX NO: 011 447 9317
E-MAIL: tishstewart@mweb.co.za
DATE: 09 April 2009
Date: 09/04/2009 08:37:28 Produced by the JSE SENS Department.
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