Discovery Holdings announces CEO departure at U.S.
DSY
DSY
Discovery Holdings announces CEO departure at U.S. subsidiary Destiny Health
DISCOVERY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1999/007789/06)
ISIN: ZAE000022331
Share Code: DSY
("Discovery Holdings" or "the company")
Discovery Holdings announces CEO departure at U.S. subsidiary Destiny Health
SANDTON, South Africa (May 26, 2006) - Discovery Holdings today announced that
Scott Spiker, CEO of its U.S. subsidiary Destiny Health, will leave the company
in the next few weeks, and that a new management team will lead the organisation
in delivering on its stated strategies for growth and expansion.
Adrian Gore, CEO of Discovery Holdings, said that pending the selection of a new
CEO, Destiny Health will be led by Barry Swartzberg, Executive Director and a
founding member and former CEO of Discovery Health, and Arthur Carlos, Destiny
Health"s Chief Actuarial Officer. Carlos, a former senior executive at the
U.S. employee benefits firm Aon Consulting, was recruited to the company in
December.
Sandton
26 May 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26/05/2006 08:39:08 AM Produced by the JSE SENS Department
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