SABMiller makes senior management changes

SABMiller plc’s Chief Financial Officer, Jamie Wilson, has tendered his resignation for personal reasons. He steps down from the Board with immediate effect and will leave the Group on 31 March 2015, at the end of the current financial year.

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, reporting to Chief Executive, Alan Clark. The Group has initiated a search to appoint a permanent replacement.

Alan Clark, Chief Executive, said: 

“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. 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. He leaves the group in sound financial health, and we all wish him every success in the future.” 

Domenic De Lorenzo assumed responsibility last year for group strategy alongside his previous responsibilities as Director of Corporate Finance and Development. He is a chartered accountant by training, and 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.