| Thu 19 May 2011, 8:05 | | SAB - SABMiller Plc - SABMiller plc announces the appointment of two new non- |
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SAB
SOSAB
SAB - SABMiller Plc - SABMiller plc announces the appointment of two new non-
executive directors
SABMiller Plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483
SABMiller plc announces the appointment of two new non-executive directors
SABMiller plc is pleased to announce that Lesley Knox and Helen Weir have
agreed to join the SABMiller board as independent non-executive directors with
effect from today, 19 May 2011.
Lesley Knox is the Chairman of Alliance Trust PLC and is both the Chairman and
a Trustee of the Grosvenor Estates. She is currently the Senior Non-Executive
Director of Hays plc, although she will be retiring from the Hays` board later
this year. Lesley originally qualified as a solicitor and then spent 15 years
with Kleinwort Benson from 1981 to 1996, first in corporate finance, where she
became a director in 1986, and then as Chief Executive of the institutional
asset management business. In 1997 she moved to the British Linen Bank,
becoming Governor in 1999, and was subsequently a founder director of British
Linen Advisers from 1999 to 2003. She has held a variety of non-executive
directorships with international and British companies, recently with an
emphasis on the retail sector, and is involved with a number of arts and
charitable organisations.
Helen Weir, CBE, was Group Executive Director - Retail at Lloyds Banking Group
plc until May this year. She originally joined Lloyds as Group Finance
Director in 2004, and took over responsibility for the Retail bank in 2008.
From 2000 until 2004, she was Group Finance Director of Kingfisher plc, and
before that Finance Director of B&Q, which she joined in 1995. Helen spent
her early career at Unilever and McKinsey & Co. She has previously held a
number of non-executive directorships, including Royal Mail Holdings and the
City of London Investment Trust. She is a member of the Said Business School
Advisory Council, and was previously a member of the Accounting Standards
Board. She is a Fellow of the Chartered Institute of Management Accountants.
Both new directors have been appointed to the audit committee, and Lesley Knox
will also join the remuneration committee.
Mr Meyer Kahn, Chairman of SABMiller plc, said:
"I am delighted to welcome Lesley Knox and Helen Weir to our board. We are
extremely fortunate to have secured the services of two such excellent and
well qualified candidates, with such a wealth of strategic, financial and
international experience. Their appointments reflect our continued commitment
to the process of progressive renewal of the board, and to the benefits of
diversity of background, gender and experience at board level. With these
appointments, one-third of our independent non-executive directors will be
women, and we will be well positioned in terms of the future balance of the
board."
Ends
Notes:
Pursuant to Listing Rule 9.6.13(1), details of directorships held by Ms Knox
and Ms Weir in publicly-quoted companies in the previous five years are set
out below:
Ms Knox is a director of Alliance Trust PLC and of Hays plc. She was a
director of HMV Group plc from April 2002 until February 2010, of Signet Group
plc from January 2008 until October 2008, of Signet Jewelers Limited from
October 2008 until June 2009, and of Howden Joinery Group plc (formerly
Galiform plc) from May 2001 until March 2007.
Ms Weir was a director of Lloyds Banking Group plc (formerly Lloyds TSB Group
plc) from April 2004 until May 2011.
All of these companies are listed on the Official List and admitted to trading
on the London Stock Exchange, except for Signet Group plc which delisted in
September 2008. Signet Jewelers Limited is also listed on the New York Stock
Exchange.
There are no details to disclose in relation to either director under
paragraphs LR 9.6.13(2) to (6) of the Listing Rules.
Notes to editors
SABMiller plc is one of the world`s largest brewers with brewing interests and
distribution agreements across six continents. The group`s wide portfolio of
brands includes premium international beers such as Pilsner Urquell, Peroni
Nastro Azzurro, Miller Genuine Draft and Grolsch, as well as leading local
brands such as Aguila, Castle, Miller Lite, Snow and Tyskie. SABMiller is
also one of the world`s largest bottlers of Coca-Cola products.
In the year ended 31 March 2011, the group reported US$4,491 million adjusted
pre-tax profit and group revenue of US$28,311 million. SABMiller plc is listed
on the London and Johannesburg stock exchanges.
This announcement is available on the company website: www.sabmiller.com
High resolution images are available for the media to view and download free
of charge from
www.sabmiller.com/imagelibrary
Broadcast footage is available in internet or SD/HD quality for download free
of charge from www.sabmiller.com/broadcastfootage
Enquiries
SABMiller plc
t: +44 20 7659 0100
Sue Clark
Director Corporate Affairs
SABMiller plc
t: +44 20 7659 0184
Gary Leibowitz
Senior VP, Investor Relations
SABMiller plc
t: +44 20 7659 0174
Nigel Fairbrass
Head of Media Relations
SABMiller plc
t: +44 7799 894265
This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire securities of SABMiller plc (the
"Company") or any of its affiliates in any jurisdiction or an inducement to
enter into investment activity.
This document includes "forward-looking statements". These statements may
contain the words "anticipate", "believe", "intend", "estimate", "expect" and
words of similar meaning. All statements other than statements of historical
facts included in this announcement, including, without limitation, those
regarding the Company`s financial position, business strategy, plans and
objectives of management for future operations (including development plans
and objectives relating to the Company`s products and services) are forward-
looking statements. These forward-looking statements involve known and unknown
risks, uncertainties and other important factors that could cause the actual
results, performance or achievements of the Company to be materially different
from future results, performance or achievements expressed or implied by such
forward-looking statements. These forward-looking statements are based on
numerous assumptions regarding the Company`s present and future business
strategies and the environment in which the Company will operate in the
future. These forward-looking statements speak only as at the date of this
announcement. The Company expressly disclaims any obligation or undertaking to
disseminate any updates or revisions to any forward-looking statements
contained in this announcement to reflect any change in the Company`s
expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based. Any information contained
in this announcement on the price at which the Company`s securities have been
bought or sold in the past, or on the yield on such securities, should not be
relied upon as a guide to future performance.
Date: 19/05/2011 08:05:01 Produced by the JSE SENS Department.
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