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PG Group CEO to retire in 2014

PG Group CEO Stewart Jennings

PG Group CEO Stewart Jennings

Photo by Duane Daws

8th November 2013

By: Leandi Kolver

Creamer Media Deputy Editor

  

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Glass manufacturer PG Group on Friday announced that its CEO Stewart Jennings would retire from the company during the first half of 2014.

Jennings joined the PG Group in 1971, when it was still known as Pilkington Glass South Africa, where he served in various roles locally and in the UK, before taking up the position of CEO in January 2000.

He also stepped down as chairperson of the Manufacturing Circle, which he was instrumental in founding, in February, and was replaced by Consol Group CEO Mike Arnold.

As chairperson of the Manufacturing Circle, Jennings was instrumental in highlighting the plight of South African manufacturers and actively campaigned for new incentives and lobbied for lower electricity prices.

He was also a strong critic of South Africa’s monetary policy, arguing that the rand was both too strong and too volatile to be supportive of the country’s reindustrialisation and beneficiation objectives.

Prior to initiating the Manufacturing Circle, Jennings also served on the Port Elizabeth Chamber of Commerce and as president of the National Association of Automotive Component and Allied Manufacturers.

Edited by Tracy Klückow
Creamer Media Contributing Editor

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