SABMiller CFO steps down

BREWERY SABMILLER'S CFO is stepping down after ten years in the role.

Malcolm Wyman retires at the end of August after 25 years with the company.

He is succeeded by James Wilson currently SABMiller FD for Europe. CIoT qualified Wilson, joined in 2005 and has held a number of roles at the business including, MD of Russia and MD of central Europe.

Wilson has 23 years experience in the beverage industry having previously held numerous senior positions at a variety of companies including, Highland Distillers, international drinks distribution business Maxxium, parent company of Remy Cointreau, Orpar SA, Scottish Courage and Scottish & Newcastle.

"In Jamie we are fortunate to gain an outstanding talent, with a considerable breadth of industry experience, acquired both within SABMiller and the wider alcohol beverage sector," said Graham Mackay, SABMiller group chief executive.

"I believe that his leadership will further enhance the commercial focus of the finance function, ensuring that we leverage value from the range of business capability initiatives that we are progressively implementing throughout the group."

Wilson becomes deputy CFO of SABMiller with immediate effect, but he will retain his responsibilities as FD for Europe until a replacement is sought.

Wyman first joined South African Breweries in 1986, after a successful career in investment banking in South Africa, and was appointed to the board as group corporate finance director in 1990 and CFO in 2001. He will continue to work with the business as a consultant.

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