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Sappi - Appoints new management team for Southern African businesses
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP & ISIN: ZAE000006284)
("Sappi" or the "Company")
27 November 2006
Sappi appoints new management team for Southern African businesses
Sappi, the global pulp and paper group, today announced wide ranging changes and
promotions at its Southern African businesses.
Andre Wagenaar (61), the current Chief Executive Officer of Sappi Forest
Products is due to retire at the end of the year and will be replaced by Jan
Labuschagne (46), currently the Finance Director of Sappi Forest Products. A
Chartered Accountant, he has been with Sappi since 1992 serving the group in
various senior management roles including as finance director of Sappi Timber
Industries and accounting director at Sappi Fine Paper Europe in Brussels.
Following on Jan Labuschagne"s appointment, a number of other management changes
have been made. All appointments occur as from 01 January 2007.
The new Finance Director of Sappi Forest Products is Colin Mowatt (49),
currently the Financial and Commercial Director of Sappi Saiccor. He is a
Chartered Accountant and has been with Sappi for 13 years. He also holds a MBL
from UNISA.
Albert Lubbe (58), becomes Managing Director of Sappi Kraft, moving from his
current role as Managing Director of Sappi Fine Paper South Africa. Sappi"s
Usutu operations in Swaziland will also fall under his control. He has been with
the group in his current role since 1997. He holds a GCC (Mechanical Engineers)
and has completed the Advanced Executive Programme from UNISA.
Dinga Mncube (46), currently the Managing Director of Sappi Forests, becomes the
Managing Director of Sappi Fine Paper South Africa. He will also form part of
Sappi"s global fine paper management team. He has been with Sappi for 13 years
and holds a MSc in Forest Products and has completed the Executive Development
Programme at WITS as well as the Senior Executive Programme at Harvard.
Hendrik de Jongh (51), the current Fibre Supply Director of Sappi Forests and
General Manager of Sappi Usutu in Swaziland becomes the Managing Director of
Sappi Forests. He has been with Sappi for 18 years and holds a GCC (Electrical)
and a Post-graduate Management Diploma from Henley.
Commenting on the appointments made, Sappi chairman Eugene van As, said today:
"Jan Labuschagne has an intimate knowledge of the Southern African businesses
and will be able to lead the combined effort of his executive team to deliver
strong cash flow and growth. He has an experienced team with a proven track
record. We are very happy that we have been able to make these appointments from
within the group"s existing management".
ENDS
NOTES TO EDITORS :
Additional information on each appointment:
Jan Labuschagne (46), BCom Hons CA (SA)
1985 joined Industrial Development Corporation (IDC) as project accountant,
later promoted to senior project coordinator
1989 established own financial consulting business
1992 joined Sappi as divisional financial controller
1996 promote to finance director of Sappi Timber Industries
1997 seconded to Sappi Fine Paper Europe head office in Brussels as accounting
director
2002 promoted to current position as finance director of Sappi Forest Products
He is a board member of the South African Institute of Chartered Accountants,
chairman of the commerce and industry sub-committee and member of the CSI sub-
committee
Colin Mowatt (49), BCom Acc CA (SA), Executive Development Programme (GIBS), MBL
(UNISA)
1984 joined Corobrik as financial accountant
1987 appointed at Malbak as Group Management Accountant
1989 moved to Austen Safe Co as Finance Director
1993 joined Sappi Forests as group financial controller
1996 promoted to current role as Financial and Commercial Director of Sappi
Saiccor
Albert Lubbe (58), NDip Tech, GCC (Mechanical Engineers), Fin Dip, Advanced
Executive Programme (UNISA)
1978 Assistant Manager at Amcoal
1978 to 1997 SAB, majority as General Manager
1997 joined Sappi in current position as Managing Director Sappi Fine Paper
South Africa
He is chairman of the Paper Manufacturers Association of South Africa (PAMSA)
Dinga Mncube (46), Dip (Forestry), BSc (Forest Management), MSc (Forest
Products) from the University of Idaho (USA), Executive Development Programme
(WITS), Senior Executive Programme (Harvard)
1981 Production and Quality Controller at Suncrush Bottling Company (Coca Cola)
1986 Forester for KwaZulu Government
1993 joined Sappi, held various positions within Sappi Forests and Sappi Kraft
1996 promoted to General Manager Forestry - Zululand region
2000 promoted to General Manager Sappi Forests
2004 promoted to current position as Managing Director of Sappi Forests
He is also the chairman of the National Forest Advisory Council
Hendrik de Jongh (51), GCC (Electrical), EDP, Post-graduate Management Diploma
(Henley)
1977 joined Sasol in the electrical engineering department
1988 joined Sappi
1996 promoted to Operations Director Sappi Timber Industries
2000 promoted to General Manager Sappi Timber Industries
2001 took up current position as Timber Supply Director of Sappi Forests
2006 concurrently appointed General Manager of Sappi Usutu in Swaziland
More about Sappi
Sappi is the world"s leading producer of coated fine paper used in the
production of glossy magazines, calendars, annual reports and brochures. Whilst
this business represents approximately two-thirds of Sappi"s total sales, the
company also has significant businesses in pulp, coated speciality paper,
packaging grades and uncoated fine paper. Sappi Forest Products, the forests,
pulp, packaging and newsprint business based in South Africa, is also the
world"s largest producer of chemical cellulose (dissolving pulp) used in the
manufacture of viscose staple fibre and consumer and pharmaceutical products.
Sappi is a global company with over 15,000 employees and production facilities
in nine countries, on four continents and customers in over 100 countries.
The group is headquartered in Johannesburg, South Africa. Sappi is listed on JSE
Limited (SAP), the New York Stock Exchange (SPP) and the London Stock Exchange
(SAZ).
Please visit www.sappi.com
Issued by:
Brunswick Group LLP on behalf of Sappi
Tel +27 (0) 11 268 5750 (Johannesburg)
Tel +44 (0) 207 404 5959 (London)
For further information:
Andre F Oberholzer
Group Head Corporate Affairs
Sappi Limited (Reg No 1936/008963/06)
Tel +27 (0)11 407 8044
Fax +27 (0)11 403 8236
Mobile +27 (0)83 235 2973
andre.oberholzer@sappi.com
Date: 28/11/2006 07:34:04 AM Supplied by www.sharenet.co.za
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