Alan Clark to take over as SABMiller CEO in 2013
Business Day - Apr 23rd 2012, 14:08
Brewer SABMiller said on Monday that Alan Clark, currently head of its European business, would become chief operating officer in July, preparing the ground for him to succeed Graham Mackay as CEO.
The world's second-biggest brewer and maker of Miller Lite, Castle and Peroni beers said in a statement that Clark will take over from Mr Mackay as CE at the company's annual general meeting in 2013.
It added Mr Mackay, who has been CE since 1999, will become executive chairman for one year, before taking on the role of non-executive chairman at the 2013 AGM.
Meyer Kahn, who has been chairman of SABMiller since its primary listing on the London Stock Exchange in 1999, will retire after 46 years at the company, the group added.
The brewer, which also makes Grolsch, Snow, Pilsner Urquell and Aquila beers, said Sue Clark is to succeed Alan Clark as MD of SABMiller Europe with effect from July 26.
Russia to raise minimum vodka prices
03/12/2013 - 08:16
Moscow - Russia plans to raise minimum vodka prices next year as it seeks to reduce consumption of alcohol, despite risks that drinkers will resort instead to cheaper illegal liquor.
Johnnie Walker maker steps further into Africa
05/11/2013 - 08:17
London - Diageo, the world's biggest spirits group which has a presence in SA, should see sales growth in Africa accelerate as it expands into new markets like Ethiopia and Angola and as rising incomes enable traditional beer drinkers to try spirits, it has said
SABMiller: Stock hit by Unilever data, strike
14/10/2013 - 10:30
SABMiller suffered its biggest weekly decline in more than two years last week as a strike at its South African beer operations continued and Unilever said sales growth slowed in emerging markets.
SABMiller expects more consolidation
24/09/2013 - 11:40
The consolidation of the global beer industry, which took SA Breweries from a dominant South African player to a dominant global player in just 10 years, had not come to an end, Alan Clark, SABMiller’s recently appointed chief executive, said this week.
SABMiller ramps up brewing in Africa
26/08/2013 - 08:21
In a bid to ensure it is able to harness the ongoing strong demand in Africa, SABMiller announced two major investments in the region yesterday.