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Pretoria Portland Cement Company Limited - PPC Board Announcements - Media
Release
PRETORIA PORTLAND CEMENT COMPANY LIMITED
Incorporated in the Republic of South Africa
(Registration number 1892/000667/06)
(`PPC` or `the company`)
JSE code:PPC
ISIN code:ZAE000005559
Media Release
6 May 2005
PPC board appointments - building on its strength
PPC announced three new Board appointments at its Board Meeting held on 5 May
2005.
Joe Shibambo has been appointed as an independant non-executive director of PPC.
Shibambo has been involved in construction since 1979, where he gained
invaluable knowledge in building construction, construction management, property
development and the implementation of BEE Development Programmes.
Shibambo is the Managing Director of Hlamalane Projects, a company established
in 1995. Through his organisation, Shibambo helps historically disadvantaged
individuals (HDIs) in the basic management principles of starting a business and
the effective management thereof. He assists in the development of joint
venture partnerships and negotiates with various entities on their behalf.
He was the first black residential township developer and independent contractor
to build a shopping centre, both of which were based in Soweto. He is also a
Financial Committee member of the Construction Charter Transformation Group.
`We are extremely excited to have Joe join our Board. Not only does he bring a
new element of thinking and approach to our business, but he will be a valued
member of the team contributing to our success in the future,` said John
Gomersall, chief executive officer of PPC.
Orrie Fenn, formerly Managing Director of the PPC Cement division, has been
appointed Chief Operating Officer of the PPC Group. Fenn has been part of the
PPC group for the past 6 years.
`Orrie`s vision is in line with our goals to be a leader in the cement industry
and a company devoted to building the nation. It was an obvious progression for
him to be appointed as Chief Operating Officer of the Group. We believe that he
will continue to challenge and improve our operational performance at all levels
in the years to come,` said Gomersall.
In addition, the Board approved the appointment of Salim Abdul Kader as a full
director to the PPC Board as Director of Operational Performance. This follows
the resignation of Rod Burn from the Board, on transfer to the Barloworld Motor
Division.
`Salim has taken over responsibility for the next important phase of our Kambuku
journey of creating a globally competitive team. He has brought a new energy to
the PPC environment and his enthusiasm and commitment should help us reach new
heights,` concluded Gomersall.
These appointments are effective immediately.
Ends
Issued by Meropa
Andy Visser Tel: +27 11
772 1000
Manager: Corporate
Tel: (011) 772-1000 , Cell: 082 571 2313
On behalf `Pretoria Portland Cement`
of
John Gomersall
Ceo, (011) 445-1000
6 May 2005
Sponsor:
JP Morgan Equities
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