BVT - Bidvest - Senior Management Restructure At Bidvest International
BVT
BVT
BVT - Bidvest - Senior Management Restructure At Bidvest International
Foodservice
The Bidvest Group Limited
Incorporated in the Republic of South Africa
(Registration number 1946/021180/06)
Share code: BVT
ISIN: ZAE000117321
("Bidvest" or "the Group")
SENIOR MANAGEMENT RESTRUCTURE AT BIDVEST INTERNATIONAL FOODSERVICE
Shareholders are advised in order to galvanise its global strength in
international foodservice, Bidvest announces some senior management changes
within the leadership structures.
Fred Barnes, CEO of Bidvest Europe, is to step out of his current role with
immediate effect to permit the combination of the global Bidvest foodservice
businesses into a single business unit under the leadership of Bernard Berson,
currently CEO of Bidvest Asia Pacific. This restructure will enable Bidvest to
combine the strengths of its decentralised philosophy with global cooperation,
ensure best practice is extracted globally and to realise synergies between its
market-leading companies.
Bidvest are appreciative to Fred Barnes for his huge contribution in driving
forward the businesses within Europe over the past 11 years and notes that Fred
will continue to serve on the Bidvest Board as a non-executive director and
advisor. Additionally, Fred will continue to take direct responsibility for
Ontime Automotive within the UK.
Johannesburg
March 2 2010
Sponsor:
Investec Bank Limited
Date: 02/03/2010 10:30:01 Produced by the JSE SENS Department.
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