LONDON, 28-10-2014 — /EuropaWire/ — SABMiller plc announces that Chief Executive Alan Clark has initiated a further realignment of responsibilities within the Group’s executive committee:
- Chief Financial Officer, Jamie Wilson, will assume responsibility for investor relations alongside his other financial areas;
General Counsel, John Davidson, will assume responsibility for regulatory affairs, communications and sustainable development, in addition to legal and company secretarial; and
Group Director of Corporate Finance and Development, Domenic De Lorenzo, will assume additional responsibility for group strategy.
As a result of this realignment, Catherine May, the Group’s Director of Corporate Affairs, will leave the Group at the end of this month.
John Davidson will become General Counsel and Corporate Affairs Director and in light of his additional responsibilities will relinquish his role as company secretary. Stephen Shapiro, currently Deputy Company Secretary and Deputy General Counsel, will be appointed as Company Secretary from 1 November 2014, retaining his Deputy General Counsel role.
Alan Clark, Chief Executive, said:
“This further realignment, following the combination of South Africa and Africa into a single region earlier this year, is consistent with my desire to focus key responsibilities in a smaller and more effective executive group. Combining legal, communications, regulatory affairs and sustainability into one integrated function under John Davidson, reporting directly to me, will serve our business better in a changing legal and regulatory environment. Aligning our investor relations activities more closely with our finance team under Jamie Wilson’s leadership is a logical development that will further enhance our engagement with financial stakeholders.
“I want to thank Catherine for her support over the past two years, in which she has continued to develop critical capabilities to help to grow our business sustainably for the benefit of all of our stakeholders. In particular, she has overseen the very successful launch earlier this year of Prosper, our new sustainable development ambition, delivered an excellent leadership engagement programme, and introduced a new corporate identity and digital presence for our business. I am very grateful for her contribution to the group.”
Notes to editors
Stephen Shapiro joined SABMiller in 2002. He is currently the Deputy Company Secretary and Deputy General Counsel, with responsibility for managing the internal legal function, managing material legal risk, and developing group policy in key areas. He qualified as a solicitor in England in 1998, having been admitted as an attorney in South Africa in 1993 where he practised as a partner in a Cape Town firm until 1997. He practised as a senior corporate lawyer at a leading international law firm before joining SABMiller. He serves on the boards of a number of SABMiller holding and operating companies, and is Chairman of the ICC UK Expert Committee on Anti-Corruption.
SABMiller plc is in the beer and soft drinks business. We are the world’s second largest brewing company and one of the world’s largest Coca-Cola bottlers. We also produce a portfolio of our own soft drinks brands.
We are a FTSE-20 company, with shares trading on the London Stock Exchange, and we have a secondary listing on the Johannesburg stock exchange. We operate in more than 80 countries with around 70,000 employees.
The group’s brand portfolio includes leading local brands such as Aguila (Colombia), Castle (South Africa), Miller Lite (USA), Snow (China), Victoria Bitter (Australia) and Tyskie (Poland) as well as global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch. Every minute of every day, more than 140,000 bottles of SABMiller beer are sold.
In the year ended 31 March 2014, the group sold 318 million hectolitres of lager, soft drinks and other alcoholic beverages, generating group net producer revenue of US$26,719 million and EBITA of US$6,453 million.
High resolution images and b-roll footage are available to view and download free of charge from our image and video library.
t: +44 20 7659 0100
t: +44 20 7659 0127
Director, Group Communications and Reputation
t: +44 7825 275 605
Business Media Relations Manager
t: +44 7734 776 317