Go Back Email this Link to a friend

SASOL LIMITED - Sasol appoints new Group Executive Committee member

Release Date: 05/12/2013 12:00:00      Code(s): SOL SOLBE1     
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes:   JSE : SOL      NYSE : SSL
Sasol Ordinary ISIN codes:    ZAE000006896   US8038663006
Sasol BEE Ordinary Share code: JSE : SOLBE1
Sasol BEE Ordinary ISIN code:   ZAE000151817
(?Sasol? or ?the Company?)


Sasol today announced the appointment of Stephen Cornell as
the newest member of its management team. Cornell is
currently the Chief Operating Officer for US Fuels and Global
Head of Major Projects at BP plc. Reporting directly to
Sasol?s Chief Executive Officer, David Constable, Cornell
will be appointed as Sasol?s Executive Vice President:
International Operations, with effect from 1 February 2014,
based in Houston.

In November 2013, the new Group Executive Committee (?GEC?)
structure was announced, which will be effective from 1 July
2014. At the time, Sasol indicated that given the growing
importance of its international businesses, particularly in
the United States, a focused operations position at the GEC
level had been created. In the context of Sasol?s redesigned
operating model, this role will be accountable for the
group?s operations outside of Southern Africa, including
Sasol?s US mega-projects in Lake Charles, Louisiana.

Cornell   has   extensive    US    domestic and   international
experience in petrochemicals, refining and logistics, having
worked in the industry in the US, Europe, the Middle East and
Asia. He has significant business improvement experience,
having reshaped BP?s US fuels business over a six-year
period, through improved work processes, divestiture of key
assets and by driving the significant expansion of the
413 000 barrels per day BP Whiting refinery. In addition,
within often complex operating environments, Cornell has
first-hand   experience   in    large-scale capital   projects,
ensuring substantial safety improvements and in embedding
manufacturing excellence.

Constable said, ?At a time when we are striving to enhance
our own performance levels at Sasol, it is exciting to have a
leader join our team, who is known for passionately driving
high performance through talent and capability development
across all areas of the organisation. With over three decades
in the industry under his belt, Steve is highly regarded by
his peers as a commercial and strategic leader with
substantial chemical engineering experience?.

Commenting on his appointment, Cornell said he was excited to
be making this change. ?I could not be happier that my family
and I have now become part of the Sasol team. I strongly
believe we can capitalise on many opportunities in the global
energy arena. This is an important time in Sasol?s history
and I am certainly looking forward to working with the team
to continue building on the Company?s many successes.?

5 December 2013

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 05/12/2013 12:00:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             . The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Send e-mail to
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.