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SABMiller names new Foster's chief

Dec 07 2011 08:13 Reuters

Company Data

SABMILLER PLC [JSE:SAB]

Last traded 587.69
Change 3.84
% Change 0.01
Cumulative volume 424424
Market cap 983.54bn

Last Updated: 01/09/2014 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

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Melbourne - Global brewing giant SABMiller [JSE:SAB] named Ari Mervis to take over as chief executive at Foster's, fresh from completing a A$11.5bn takeover of Australia's top brewer.

Mervis, who will be based in Melbourne, will continue as head of SABMiller's Asia Pacific region and joint venture in China, CR Snow, and will be responsible for integrating Foster's into SABMiller.

Foster's CEO John Pollaers will step down on December 16.

 
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