{"id":10193,"date":"2012-04-23T16:27:01","date_gmt":"2012-04-23T14:27:01","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-2-sabmiller-appoints-alan-clark-ceo-as-of-july-2013\/"},"modified":"2012-04-23T16:27:01","modified_gmt":"2012-04-23T14:27:01","slug":"update-2-sabmiller-appoints-alan-clark-ceo-as-of-july-2013","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-sabmiller-appoints-alan-clark-ceo-as-of-july-2013\/","title":{"rendered":"UPDATE 2-SABMiller appoints Alan Clark CEO as of July 2013"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* European chief Alan Clark to succeed Graham Mackay<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Clark becomes COO in July, Mackay executive chairman<\/p>\n<p><span><\/span><\/p>\n<p>* Mackay becomes non-executive chairman, Clark CEO in July<br \/>\n2013<\/p>\n<p><span><\/span><\/p>\n<p>* Says moves does not break UK Corporate Governance Code<\/p>\n<p><span><\/span><\/p>\n<p>* SABMiller shares off 0.7 percent in lower London market<\/p>\n<p><span><\/span><\/p>\n<p>By David Jones<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, April 23 (Reuters) &#8211; Global brewer SABMiller<br \/>\nsaid its European chief Alan Clark will succeed long-standing<br \/>\nChief Executive Graham Mackay in July 2013 in series of top<br \/>\nmanagement changes that will see the 62-year old Mackay take<br \/>\nover as chairman.<\/p>\n<p><span><\/span><\/p>\n<p>The move appears to fly in the face of the UK corporate<br \/>\ngovernance code which suggests that chief executives should not<br \/>\ngo on to become chairman of the same group, although the code<br \/>\ndoes say this can be allowed if the company consults its<br \/>\nshareholders and sets out clearly the reasons for its decision.<\/p>\n<p><span><\/span><\/p>\n<p>The 52-year old South African Clark will be appointed chief<br \/>\noperating officer at the group&#8217;s annual general meeting this<br \/>\nJuly and work closely with Mackay who becomes executive chairman<br \/>\nfor a year until becoming non-executive chairman from July 2013.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* European chief Alan Clark to succeed Graham Mackay * Clark becomes COO in July, Mackay executive chairman * Mackay becomes non-executive chairman, Clark CEO in July 2013 * Says moves does not break UK Corporate Governance Code * SABMiller shares off 0.7 percent in lower London market By David Jones LONDON, April 23 (Reuters) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10193"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10193\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}