Anglovaal Industries Limited
("AVI" or "the Group")
(Reg. No. 1944/017201/06)
Share Code: AVI
ISIN: ZAE000030102
AVI is pleased to announce the appointment of Michael Arnold as Consol
Limited ("Consol") Group Managing Director with effect from 1 July 2002
following the transfer of Simon Crutchley to AVI as Business Development
Director responsible for driving AVI's growth strategy.
Mike Arnold is 43 years old and has extensive experience in branded consumer
goods companies having held several senior management positions within the
Tongaat-Hulett Group before joining AVI in 1992. During his eight years at
AVI, Mike was Managing Director of the National Ingredient Supplies Division
within National Brands prior to his appointment as Executive Director -
Prepared Foods at Irvin & Johnson. Most recently, he was Chief Executive
Officer for McCain Foods South Africa.
Over the past five years, Simon Crutchley has played a major role in the
turnaround and transformation of Consol. The success and experience Simon
has gained during his time at Consol will be invaluable as he assumes his
new position at AVI.
Angus Band, Group Managing Director, commented:
"AVI is delighted to welcome Mike on board, we are confident that his
experience and leadership will enable Consol to continue to achieve its
future growth strategy. We also look forward to Simon's continued
involvement on the Consol Board and to his broader input in AVI's further
growth and development."
Sandton, 28 March 2002
Enquiries:
AVI
Angus Band, Group Managing Director
Tel: + 27 (0) 11 779 2703
College Hill Investor Relations
Julia Kerr
Tel: + 27(0) 11 447 3030
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
