Durand replaces Nurek at Distell | Fin24
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Durand replaces Nurek at Distell

Nov 27 2016 11:21

Cape Town - The board of directors of Distell announced that David Nurek will retire as independent non-executive director and chair of Distell, with effect from 24 November 2016.

Nurek was appointed as chairman of the board in 2000.

Distell said in a statement that he has served the company with distinction in a number of capacities, including being a member of the remuneration, audit, risk and investment subcommittees.

"The board wishes to thank Mr Nurek for his contribution to the company and wishes him well in his future endeavours."

The board of directors of Distell further announced that Jannie Durand, who joined the board in 2012 as a non-executive director, will succeed Nurek as chair, with effect from 24 November 2016.

Durand is chief executive officer of Remgro and a director of, inter alia, RCL Foods, Capevin Holdings and Mediclinic International. He is also a member of the remuneration committee, nomination committee and investment sub-committee of Distell.

Andre Parker, who joined the board in 2008 as independent non-executive director, has been appointed as lead independent director with effect from 24 November 2016. Parker is currently the chair of Tiger Brands. Retired as managing director of SABMiller Africa & Asia, he served on several boards of SABMiller subsidiaries in these territories and was also an executive committee member of SABMiller. He is also a director of Standard Bank.

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