SABMiller CEO dies

SABMiller CEO dies
Published: 18 December 2013
SABMiller announced on Wednesday that chairperson Graham Mackay, who has been with the company for 35 years, passed on.

Mackay died peacefully on Wednesday morning with his family at his side, the group said in a statement.

John Manser, who has been acting chairperson, will take over as chairperson with immediate effect.

Guy Elliott has been appointed as senior independent director.

"Graham was one of the most inspirational and successful leaders in international business by any measure," said Manser.

"Everyone in the SABMiller family has been blessed by his vision, his loyalty and his friendship during his 35 years with the group."

He said that the board is confident that the group will continue to build on Graham's legacy and fulfil his vision to make SABMiller the most admired company in the global beer industry.

The group also noted that Manser will defer his previously expected retirement date for approximately one year to July 2015.

At lunch time the share price of SABMiller was up 4.73 (0.93%) to R511.03. 
- online
Tags: SABMiller, CEO,


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