| Wed 4 Apr 2001, 0:00 | | Sappi Appoints New Chief Executive For Fine Paper |
|
SAPPI LIMITED
South Africa
Press Release
Johannesburg, 04 April 2001
Sappi appoints new Chief Executive for Fine Paper business
Sappi today announced the appointment of a new London based Chief Executive of
Sappi Fine Paper.
As of 1st May 2001 William (Bill) Sheffield will take over this role from Sappi
Executive Chairman, Eugene Van As, who has been acting as interim Chief
Executive of Sappi Fine Paper since the acquisition of KNP Leykam. Mr Sheffield
will also join the Sappi Limited Board.
Eugene van As, Executive Chairman of Sappi, said;
"I am delighted that we have found a candidate of Bill Sheffield's calibre and
experience to lead the Fine Paper business. He has highly relevant
international industrial experience, which will add significant weight to our
business."
A Canadian citizen, Bill Sheffield was until recently Executive Vice President
of International Operations and Corporate Development at Abitibi Consolidated,
the world's largest producer of newsprint. In that role, he was responsible
for the Group's international operations and joint ventures. Prior to this, he
held responsibilities in Logistics and Marketing.
Sappi also announced that Monte Haymon, President and Chief Executive of Sappi
Fine Paper North America, indicated last year that he wished to retire at the
end of 2001. He will, however, remain on the Sappi Limited Board after his
retirement. Haymon will serve as non-executive Chairman of Sappi Fine Paper
North America once his successor has been appointed, in order to effect a
smooth transition.
Wolfgang Pfarl will continue as Chief Executive of Fine Paper Europe and, in
addition to his Sappi Limited Board responsibilities, will drive initiatives
across the Group to develop young, international managers.
Albert Lubbe will continue to head up the South African Fine paper business.
ENDS
Issued by:
Brunswick
on behalf of Sappi Limited
Tel +27 (0)11 442 8803
Fax +27 (0)11 442 8838
For further information:
Johan van Wyk
Sappi
Corporate Affairs Manager
Tel +27 (0)11 407 8044
Fax +27 (0)11 403 8236
johanvw@za.sappi.com
Notes to Editors:
The Executive directors of the Sappi Group will be:
Executive Chairman Eugene van As
CEO, Sappi Fine paper Bill Sheffield
Executive Director, Finance Donald Wilson
Chairman, SA businesses John Job
CEO, Sappi Fine paper North America Monte Haymon
CEO Fine Paper Europe Wolfgang Pfarl
Following this appointment, the Board of Sappi Fine Paper will consist of:
Chairman Eugene van As
Chief Executive Bill Sheffield
Chief Financial Officer Trevor Larkan
Director of Marketing Hank Mollenhauer
Director of Planning & Technology Doeko Bosscher
President & Chief Executive Fine Paper,
North America Monte Haymon
Chief Executive Fine Paper, Europe Wolfgang Pfarl
Executive Director, Finance Donald Wilson
Chairman, South African Businesses John Job
