| Tue 14 Jan 2003, 16:40 | | SABMILLER PLC ANNOUNCES SENIOR MANAGEMENT APPOINTM |
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SABMILLER PLC
JSE ALPHA CODE : SAB
ISSUER CODE : SOSAB
ISIN CODE : GB0004835483
SABMILLER PLC ANNOUNCES SENIOR MANAGEMENT APPOINTMENTS
Ref: 01/03
London and Johannesburg, 14 January 2003. SABMiller plc (SABMiller) today
announced several senior management appointments.
In North America John Bowlin, President and Chief Executive Officer of the
Miller Brewing Company (Miller), will be resigning and Norman Adami, currently
Chairman and Managing Director of The South African Breweries Ltd (Beer South
Africa), has been appointed in his place. This change takes effect from 1
February 2003.
Graham Mackay, Chief Executive of SABMiller plc said: "I would like to thank
John for his contribution to the Miller Brewing Company since April 1999, and I
also note his 28 years of distinguished service to the Phillip Morris Group. In
particular I acknowledge his commitment and efforts in the process of
integrating the SAB and Miller organisations over the past six months. I wish
him every success in the future.
"Norman has successfully tackled numerous challenging management roles in
SABMiller with distinction over the past 20 years. He has led Beer South Africa
over the past nine years and during this time has considerably developed and
strengthened one of our largest and most successful operations. Norman brings
Beer South Africa`s strong performance management culture to Miller, and I am
confident that he will add value and help to ensure that we achieve our
collective aspirations for success in the USA".
John Bowlin said: "Over the last four years we have made a lot of progress and
achieved some major improvements in the efficiency and competitiveness of
Miller. I have been privileged to lead a very professional and talented
management team and have every confidence that Miller will grow from strength to
strength under Norman`s leadership."
In Europe Mike Simms, Managing Director of SABMiller Europe, who has for some
time indicated a desire to take early retirement, will relinquish this position
with effect from 1 April 2003. He will then undertake various strategic projects
before retiring in August 2003.
Dr Alan Clark, currently Managing Director of Amalgamated Beverage Industries
Ltd (ABI), will take over from Mike Simms, with effect from 1 April 2003.
Tony van Kralingen, currently Managing Director of Plzensky Prazdroj as, the
SABMiller subsidiary in the Czech Republic and owner of the Pilsner Urquell
brand, will take over from Norman Adami in South Africa, with effect from 1
February 2003.
In due course, appointments will be announced of Managing Directors for ABI and
Pilsner Urquell; and for Kompania Piwowarska in Poland, to succeed Trent Odgers,
who was recently appointed to head our Central American operations.
Notes to editors:
SABMiller is the world`s second largest brewer by volume with pro forma 2001/02
lager volumes in excess of 120 million hectolitres and is also the world`s
leading brewer in developing markets. It has 112 brewing operations and over
69,000 employees, in 24 countries across Africa, Central and Eastern Europe,
North and Central America and Asia. It has a portfolio of strong brands and
leading market shares in many of the countries in which it has brewing
operations. Outside the USA, SABMiller is one of the largest bottlers of Coca-
Cola products in the world.
South African Breweries plc acquired Miller Brewing Company from Philip Morris
Inc in July 2002 in exchange for 430 million shares, worth US$4,993 million at
the time of the agreement. On completion, the company changed its name to
SABMiller plc.
SABMiller is listed on the London and Johannesburg stock exchanges and has a
market capitalisation of US$7 billion (approximately R60 billion).
Contacts:
SABMiller plc Tel: +44 20
7659 0100
Nick Chaloner Director of Communications Tel: +44 20
7659 0119
Mob: +44 7880
502 755
Anna Miller Head of Investor Relations Tel: +44 20
Salzman 7659 0106
Mob: +44 7973
837 070
Ciaran Baker Head of Corporate Tel: +44 20
Communications 7659 0120
Mob: +44 7979
954 493
Biographical details:
Norman Adami
Norman Adami becomes President and Chief Executive Officer of Miller Brewing
Company on 1 February 2003. Mr Adami will relocate from Johannesburg to
Milwaukee, where Miller is based, to take up his new appointment.
Mr Adami (48) joined The South African Breweries Ltd in 1979 as a Project
Officer, being promoted to a number of increasingly senior positions before
becoming Managing Director in 1994. In 1995, he was appointed to the main board
of SAB plc and in 2000 was appointed as Chairman of The South African Breweries
Ltd.
As Chairman and Managing Director of The South African Breweries Ltd, Mr Adami
has acquired a reputation for setting and achieving tough financial and
management goals based on sound financial discipline, uncompromising quality,
and very strong management and organisations skills.
During his nine years leadership of The South African Breweries Ltd, Mr Adami
has grown its market share to an all time high of 98.3 percent and has achieved
EVA compound growth of 25.8 percent over the last five years in difficult
trading conditions.
This has been achieved through building a powerful brand portfolio, effective
market execution and customer service, and a robust marketing strategy. He has
continually increased margins and improved the efficiency of operations, making
the company a benchmark for international best practice and standards in the
brewing industry.
Mr Adami was born and educated in South Africa and holds an honours degree in
Business Science from the University of Cape Town and an MBA from the University
of Witwatersrand. He has spent almost all of his business career with The South
African Breweries Ltd, and held a number of increasingly senior posts in the
company before his appointment as Chairman and Chief Executive. He is a member
of the SABMiller plc Executive Committee.
Alan Clark
Alan Clark becomes Managing Director of SABMiller Europe on 1 April 2003. He
joined The South African Breweries Ltd in 1990 as a Training and Development
Manager. In 1994 he was appointed General Manager of the company`s Alrode
brewery and in 1996 Operations Director for its Northern Region. He was
appointed Marketing Director in 2000. In the same year he was subsequently
appointed to his current position of Chief Executive of SABMiller`s Soft Drinks
division and Managing Director of Amalgamated Beverage Interests (ABI). He is a
member of the SABMiller plc Executive Committee.
Dr Clark was born in 1959 and grew up in Pretoria. His education includes
graduating from U.P.E. with a BA (Hons) and an MA in Clinical Psychology, and
gaining a DLitt et Phil from UNISA. He lectured in Psychology at Vista
University and the University of South Africa before becoming an Associate
Professor of Psychology and an Associate Director at the Centre for Cognitive
Development at the Vista University. From 1985 until 1990 he ran a private
practice in Clinical Psychology.
Tony van Kralingen
Tony van Kralingen becomes Managing Director of The South African Breweries Ltd
on 1 February 2003 and will become a member of the SABMiller plc Executive
Committee. He joined The South African Breweries Ltd in 1982, working in a
number of increasingly senior roles including Marketing Director and Operations
Director. In 2000 he was appointed Managing Director of Plzensky Prazdroj as.
Mr van Kralingen was born in 1958 in South Africa. He joined The South African
Breweries Ltd immediately after completing his studies at the University of
Natal, graduating with a BSc. (Hons) in Psychology.
Photography
Photographs of Mr Adami, Dr Clark and Mr van Kralingen are available from Briony
Gilbert at briony.gilbert@sabmiller.com
This announcement is available on the SABMiller website, www.sabmiller.com
Date: 14/01/2003 04:30:00 PM Produced by the JSE SENS Department
