SABMiller CFO Jamie Wilson steps down - CNBC Africa

SABMiller CFO Jamie Wilson steps down

Southern Africa

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SABMiller CFO, Jamie Wilson will leave the group on 31 March 2015. PHOTO: accountancyage.com

The beer and soft drinks business added that he steps down from the board with immediate effect but will leave the group on 31 March 2015, at the end of the current financial year.

“I am saddened by Jamie’s departure. He has been a huge support to me over many years, first in Europe and then over the past several years as CFO,” said [DATA SAB:SABMiller] chief executive, Alan Clark.   

“His contributions to the development of our strategy, the delivery of our business capability programme, the building of our new business efficiency programme, and the strengthening of the finance functions will be a lasting legacy.”

(WATCH VIDEO: SABMiller reports 4% rise in Q3 revenue)

He added that Wilson leaves the group in sound financial health and that the company wishes him every success in the future.

The South African brewer indicated that Domenic De Lorenzo, currently director of group strategy and a member of the group’s executive committee, will become acting chief financial officer with immediate effect.

The group has also initiated a search to appoint a permanent replacement.

(READ MORESABMiller appoints Trevor Manuel as non-exec director)

“Domenic De Lorenzo assumed responsibility last year for group strategy alongside his previous responsibilities as director of corporate finance and development,” said SABMiller.

“He has been closely involved in the group’s finance strategy since his appointment to the executive committee in 2011. He is a 19-year veteran of the group, having originally joined in South Africa in 1996.”

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