SAB Miller CFO steps down

 

54316_125_previewSAB Miller has initiated the search for a new CFO following the departure of Jamie Wilson, who has tendered his resignation for personal reasons.

Wilson will leave the group of March on 31, however, steps down from the board with immediate effect.

Domenic De Lorenzo, currently director of group strategy and a member of the group’s executive committee, will become acting CFO with immediate effect, reporting to CEO, Alan Clark.

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.

Clark said he was saddened by Jamie’s departure, noting his contributions to the company will be a “lasting legacy”.

“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,” Clark said.

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