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SABMILLER PLC - SABMiller plc Senior Management Changes

Release Date: 07/04/2014 09:00
Code(s): SAB     PDF:  
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SABMiller plc – Senior Management Changes

SABMiller plc
JSEALPHA CODE: SAB
ISIN CODE: SOSAB
ISIN CODE: GB0004835483

SABMiller plc – Senior Management Changes


SABMiller announces today a number of senior management and organisational changes
that will become effective over the coming months:

   -   Norman Adami will stand down as Chairman of SABMiller Beverages South Africa
       with effect from 1 July 2014, and will be retiring from the group with effect from 31
       July 2014.

   -   With effect from 1 July 2014, SABMiller’s South African and African regions will be
       consolidated into one region for management purposes, and Mark Bowman, currently
       Managing Director of SABMiller Africa, will become Managing Director of the
       enlarged SABMiller Africa region.

   -   Mauricio Leyva, currently the Managing Director of Beer South Africa, will become
       Chairman and Managing Director of SAB Ltd. in South Africa, reporting to Mark
       Bowman.

   -   John Ustas, the Managing Director of Amalgamated Beverage Industries, the
       Group’s South African soft drinks business, will also report to Mark Bowman.

Norman Adami has served the Group since 1979 and has been a member of the SABMiller
Executive Committee for over 20 years. Beginning in 1994, he successfully led SAB Ltd as
Managing Director for 9 years. In 2003, he moved to the newly acquired Miller Brewing
Company as President and CEO, rebuilding that business, leading its turnaround, and
creating a sustainable platform to enable Miller to compete in the US marketplace. From
2006 to 2007, Norman served as President of SABMiller Americas, which included Miller in
the US and the group’s businesses in Latin America. Norman returned to SAB Ltd in 2008,
where he continued the successful rebuilding and reinvigoration of the South African
business in the face of substantial challenges. In January 2013, he was promoted to the new
role of Chairman, SABMiller Beverages South Africa with effect from 7 January 2013,
assuming overall strategic responsibility for SABMiller's beverage businesses in South
Africa.

Commenting on Norman’s retirement, Alan Clark, Chief Executive, said:
“Norman has made an enduring contribution to the SABMiller group over many years and in
many roles, and his passion, commitment, and deep business insights will be sorely missed.
He has been a stalwart of our business for 35 years, and on behalf of all of my colleagues
and our shareholders, I would like to thank Norman for his support, friendship and
inspirational leadership, both in South Africa and as a member of the SABMiller’s executive
leadership team, and to wish him and his family every happiness on his retirement.”

Commenting on the management changes, Alan Clark added:

“I am very pleased to be able to appoint Mark to head our new Africa division. As we look to
capitalise on our global scale and presence, we see significant advantages in managing all
of our African businesses as one region. We believe there is strong potential for profitable
growth in both beer and total beverages in Africa, and, by harnessing the skills of our South
African and African business in a combined Africa region, we believe that we will be better
placed to access growth prospects across the entire continent.

“Mark has been instrumental in developing SABMiller's beer and soft drinks operations on
the African continent over the past six years, with volumes growing from 25 million
hectolitres in 2009 to 37 million hectolitres in 2013, and EBITA from US$ 562 million to US$
838 million over the same period, and I believe he is the right person to lead the combined
business, and to deliver the scale benefits and drive growth across our markets and brand
portfolios in the region.

“Mauricio Leyva has done an excellent job in South Africa since his appointment last year, in
very challenging economic conditions. His skills, leadership and track record make him a
great choice to lead our South African business and I am confident that it will continue to
thrive under his leadership.”

Mark Bowman was appointed Managing Director of SABMiller Africa in 2007. He has
significant experience of both the beer and soft drinks businesses, having joined SABMiller's
beer division in 1993, and has held various senior positions in the group, including Managing
Director of SABMiller's Polish subsidiary Kompania Piwowarska S.A., Managing Director of
Amalgamated Beverage Industries Ltd (now the soft drinks division of SAB Ltd) and
Chairman of Appletiser. He is an independent non-executive director of Tiger Brands Limited
(listed on the Johannesburg Stock Exchange).

Mauricio Leyva was appointed as Managing Director of SAB Ltd.’s beer division in South
Africa in January 2013, having previously been the President of SABMiller’s business in
Peru, Union de Cervecerias Peruanas Backus y Johnston S.A.A. (Backus) since October
2011. He has been with the SABMiller group since the merger with Grupo Empresarial
Bavaria in 2005. He was Vice President of Marketing and Sales for Bavaria SA in Colombia
before being appointed in March 2009 as President of Cerveceria Hondurena S.A., the
group’s beer and soft drinks business in Honduras.

7 April 2014

ENDS




Enquiries

SABMiller plc
t: +44 20 7659 0100
Catherine May
Director of Corporate Affairs
SABMiller plc
t: +44 20 7927 4709
Gary Leibowitz
SVP, Internal and Investor Engagement
SABMiller plc
t: +44 7717 428 540
Christina Mills
Director of Communications and Reputation
t: +44 20 7659 0105
Richard Farnsworth
Business Media Relations Manager SABMiller plc
t: +44 20 7659 0188


Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Notes to editors

SABMiller
SABMiller plc is one of the world’s leading brewers with more than 200 beer brands and some 70,000
employees in over 75 countries. The group’s portfolio includes global brands such as Pilsner Urquell,
Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch; as well as leading local brands such as
Aguila (Colombia), Castle (South Africa), Miller Lite (USA), Snow (China), Victoria Bitter (Australia)
and Tyskie (Poland). SABMiller also has growing soft drinks businesses and is one of the world’s
largest bottlers of Coca-Cola products.

In the year ended 31 March 2013 the group reported group lager volumes of 242m hectolitres, group
revenue of US$34,487 million and group EBITA of US$6,421 million. SABMiller plc is listed on the
London and Johannesburg stock exchanges.

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