Clark's appointment as SABMiller CEO fast-tracked
FMCG SUPPLIER NEWS
EngineeringNews.co.za - Apr 30th, 07:56
JSE-listed SABMiller announced last week that it had fast-tracked the planned promotion of COO Alan Clark to CEO with immediate effect, after current CEO and executive chairperson Graham Mackay stepped down earlier than anticipated owing to an illness.
Clark, who was appointed COO in July last year, was initially expected to step in as CEO in July after a transitional period of one year, after which Mackay would become nonexecutive chairperson.
Mackay, who had been diagnosed with a brain tumour, was following a course of treatment after a surgery on Monday.
Deputy chairperson John Manser was appointed acting chairperson and SABMiller intended keeping Mackay’s position under review pending the outcome of the treatment.
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