Brewing and bottling company SABMiller CEO Alan Clark initiated further realignment of responsibilities within the group’s executive committee last month, following the merging of the company’s South Africa and Africa business units into a single region.
The realignment included SABMiller CFO Jamie Wilson assuming responsibility for investor relations alongside his other financial areas. SABMiller general counsel director John Davidson will assume responsibility for regulatory affairs, communications and sustainable development, in addition to legal and company secretarial responsibilities. SABMiller corporate finance and development director Domenic De Lorenzo will assume additional responsibility for group strategy.
As a result of this realignment, SABMiller corporate affairs director Catherine May left the group at the end of this month.
Davidson will become general counsel and corporate affairs director, and, in light of his additional responsibilities, will relinquish his role as company secretary. Stephen Shapiro was appointed company secretary from November 1 and retained his role as SABMiller deputy general counsel director.
Shapiro joined SABMiller in 2002 and, before his appointment as company secretary this month, was the deputy company secretary and deputy general counsel. His responsibilities included managing internal legal functions, managing material legal risks and developing group policy in key areas. He qualified as a solicitor in England in 1998, having been admitted as an attorney in South Africa in 1993, where he practised as a partner in a Cape Town firm until 1997. He practised as a senior corporate lawyer at a leading international law firm before joining SABMiller. He serves on the boards of a number of SABMiller holding and operating companies, and is the International Chamber of Commerce UK Expert Committee on Anti-Corruption chairperson.
Clark says: “This further realignment, following the combination of South Africa and Africa into a single region earlier this year, is consistent with my desire to focus key responsibilities in a smaller and more effective executive group. Combining legal, communications, regulatory affairs and sustainability into one integrated function under Davidson, reporting directly to me, will serve our business better in a changing legal and regulatory environment. “Aligning our investor relations activities more closely with our finance team under Wilson’s leadership is a logical development that will further enhance our engagement with financial stakeholders.
“I want to thank May for her support over the past two years, during which she has continued to develop critical capabilities to help grow our business sustainably for the benefit of all our stakeholders. In particular, she has overseen the successful launch earlier this year of Prosper, our new sustainable development ambition, delivered an excellent leadership engagement programme, and introduced a new corporate identity and digital presence for our business,”he concludes.