SABMiller To Appoint Ari Mervis Foster's CEO, Asia Pacific Managing Director
December 06 2011 - 11:59PM
Dow Jones News
SABMiller PLC (SAB.JO) said Wednesday it intends to appoint Ari
Mervis as chief executive of Foster's Group Ltd. following its 9.9
billion Australian dollar (US$10.2 billion) takeover of the
Australian brewer.
SABMiller said in a statement that Mervis, who is currently the
company's managing director in Asia, will also become managing
director of Asia Pacific operations.
"He is ideally qualified to lead the integration of Foster's
into the SABMiller group and to deliver value from the acquisition
for all stakeholders," SABMiller Chief Executive Graham Mackay said
in a statement.
Outgoing Foster's Chief Executive John Pollaers will step down
from the position on Dec. 16, SABMiller said, but would be
available to "provide advice" to SABMiller to ensure a smooth
transition.
-By Gavin Lower, Dow Jones Newswires; 61-3-9292-2095;
gavin.lower@dowjones.com
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