SABMiller Appoints Director: Finance and Control
11 June 2007
SABMiller plc (SABMiller), one of the world’s leading brewers, is pleased to announce the appointment of Jonathan Watts as Director: Finance and Control, effective 3 September, 2007. He succeeds Steve McAdam who joined SABMiller some three and a half years ago with a specific remit to restructure the Finance function; this task is now complete.
Reporting to Malcolm Wyman, SABMiller’s Chief Financial Officer, Jonathan joins the business from Unilever plc, where he was Senior Vice President – Reporting and Information, reporting to the Group Deputy CFO. During his 20-year career with the company, he held other positions as Senior Vice President - Finance (Unilever Foods, Latin America) and Finance and Information Management Director, Unilever Chile.
Jonathan will be based in the UK and be responsible for the management of the Group Finance Division.
Commenting on his appointment, Malcolm Wyman, Chief Financial Officer, said:
“I am very pleased to welcome Jonathan to SABMiller. He brings with him extensive financial experience gained in an international FMCG environment and will support me in providing leadership to the Group Finance function. I look forward to working with him.”
“I would also like to extend my thanks to Steve McAdam for his contribution since 2004. He has given me invaluable assistance in the restructuring of the Group Finance function. He has successfully steered it through a period of change, instituting a number of significant enhancements to our reporting and control functions. He goes with our good wishes for the future.”
EndsNotes to editors
About SABMiller plc
SABMiller plc is one of the world’s largest brewers with brewing interests or distribution agreements in over 60 countries across six continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands. Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2007, the group reported US$3,154 million adjusted pre-tax profit and revenue of US$18,620 million. SABMiller plc is listed on the London and Johannesburg stock exchanges.
This announcement is available on the company website: www.sabmiller.com.
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