| Wed 7 Dec 2011, 9:39 | | SAB - SABMiller plc - SABMiller to appoint Managing Director: Asia Pacific |
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SAB
SOSAB
SAB - SABMiller plc - SABMiller to appoint Managing Director: Asia Pacific
and Chief Executive Officer of Foster`s
SABMiller plc
JSEALPHA CODE: SAB
ISSUER CODE: SOSAB
ISIN CODE: GB0004835483SABMiller plc
SABMiller to appoint Managing Director: Asia Pacific and Chief Executive
Officer of Foster`s
SABMiller announces that it intends to appoint Ari Mervis, currently
Managing Director Asia, as Managing Director: Asia Pacific and Chief
Executive Officer of Foster`s with effect from 16 December 2011.
Ari, who will be based in Melbourne Australia, will be responsible for the
Foster`s business and the integration of Foster`s into the SABMiller group.
In addition he will retain responsibility for the Asia Pacific region and
will continue in his role as Chairman of the Company`s joint venture in
China - CR Snow.
Commenting on the appointment Graham Mackay, Chief Executive of SABMiller
said:
"Ari has been Managing Director of our Asia business since October 2007 and
was the sponsor of the Foster`s acquisition. Since joining SABMiller in 1989
he has held a number of senior positions in the organisation, including
Managing Director of Appletiser and Managing Director of SABMiller`s
operations in Russia and Australia.
"Ari brings a wealth of experience from across the SABMiller group and
knowledge of Australia having established SABMiller`s joint venture there in
2006. He is ideally qualified to lead the integration of Foster`s into the
SABMiller group and to deliver value from the acquisition for all
stakeholders".
The SABMiller regional office will remain in Hong Kong and a new Managing
Director Asia, reporting to Ari, will be appointed to oversee SABMiller`s
businesses in India and Vietnam, its ongoing regional business development
and export operations, as well as providing support to CR Snow.
SABMiller and John Pollaers have agreed that John will step down as Chief
Executive of Foster`s on 16 December 2011. To ensure a smooth transition
John will be available to provide advice to SABMiller during the first few
months of 2012.
Acknowledging John`s achievements at Foster`s, SABMiller Chief Executive,
Graham Mackay said:
"John has made a significant contribution to the Foster`s business, putting
in place a number of successful initiatives upon which we expect to build to
further enhance Foster`s performance. We are grateful to John for his
cooperation throughout the transitional process and we wish him success in
the future".
-ends-
Date: 07/12/2011 09:39:01 Produced by the JSE SENS Department.
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