| Wed 14 Mar 2012, 8:45 | | DSY - Discovery Holdings Limited - Leadership changes in Vitality |
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DSY - Discovery Holdings Limited - Leadership changes in Vitality
Discovery Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06
Share code: DSY
ISIN: ZAE000022331
("Discovery")
LEADERSHIP CHANGES IN VITALITY
At the end of March 2012, Alan Pollard, current CEO of Discovery Vitality in
South Africa, will assume the leadership of Discovery`s US operations. Pollard
will relocate to the US in mid 2012, and will retain his position as CEO of
Vitality on an international basis. These moves serve to consolidate the US as a
centre of excellence in the support of all Vitality International operations.
Art Carlos will be leaving The Vitality Group (TVG), Discovery`s standalone
Vitality capability in the US. Carlos will continue to consult to Discovery to
help ensure a smooth transition of leadership.
Gidon Novick, former joint CEO of Comair, will join Discovery as CEO of
Discovery Vitality in South Africa, replacing Pollard. Novick is a chartered
accountant by training, and holds an MBA from the Kellogg School of Management
in Chicago, USA. During his highly successful career at Comair, he founded
Kulula, South Africa`s first low-cost airline; and was instrumental in
developing both the British Airways and Kulula offerings into leading travel
brands.
With his entrepreneurial experience, and having been involved with Vitality as a
key partner for many years, Novick is well placed to assume leadership.
Sandton
14 March 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 14/03/2012 08:45:01 Produced by the JSE SENS Department.
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