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Name | Symbol | Market | Type |
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Qnb Fin 24 | LSE:79CK | London | Medium Term Loan |
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RNS Number:2536S Sappi Ld 1 March 2002 Limited Press Release Johannesburg, 1 March 2002 Two New Directors Join the Board of Sappi Global pulp and paper group Sappi today announced the following changes to its Board. Professor Meyer Feldberg and Dr Len Konar have joined the Sappi board as non- executive directors. Professor Feldberg has, since 1989, been the dean of Columbia Business School, New York, internationally recognised as one of the world's top schools. He is professor of management at Columbia, and is also a director of several major public companies in the United States of America, including Revlon, one of the world's best known names in cosmetics; Federated Department Stores, the largest department store group in the USA, UBS Brinson Advisors Funds and Primedia Inc (USA), one of America's largest publishing companies. Dr Len Konar, a chartered accountant, is an independent corporate consultant based in Johannesburg. He was previously professor and head of the department of accountancy at the University of Durban Westville and serves as a non- executive director of several major South African public companies, including Old Mutual. He is also a director of the South African Reserve Bank. Both join the Board as from 1 March 2002. Former Sappi executives Bill Hewitt and Ken Lechmere-Oertel, who have served on the Board for many years, retired by rotation at the Annual General Meeting on 25 February 2002 and, as previously reported, did not stand for re-election. - Ends- Notes to Editors: Abbreviated CV's of Professor Meyer Feldberg and Dr Len Konar. Professor Feldberg is an MBA graduate of Columbia University with a PhD from the University of Cape Town. He has been a visiting professor at the Cranfield School of Management in England, the Sloan School of Management at Massachusetts Institute of Technology and at INSEAD in France. He has also held senior positions at Northwest University's JL Kellogg Graduate School of Management, Tulane University's AB Freeman School of Business and the Illinois Institute of Technology. In addition he serves on the Advisory Board of the British American Business Council. He is also a director of several major public companies, including Federated Department Stores, Revlon Inc, Primedia Inc (USA), UBS Brinson Advisors Funds and Select Medical Corporation. Dr Konar, a chartered accountant, is a former executive director of the Independent Development Trust and a professor and head of department of accountancy at the University of Durban-Westville. He is the patron of the Institute of Internal Auditors South Africa and a member of the King Committee on Corporate Governance, the Securities Regulation Panel, the Corporate Governance and Risk Management Forums and the Institute of Directors. He is also a non-executive director of Old Mutual SA, the South African Reserve Bank, Kumba Resources, Illovo Sugar, JD Group and Steinhoff Holdings, and chairs or serves on the audit committees of these boards and a number of listed companies and public sector corporations. For further information: Andre F Oberholzer Corporate Affairs and Communication Manager Sappi Limited Tel +27 (0)11 407 8044 Fax +27 (0)11 403 8236 Andre.oberholzer@za.sappi.com This information is provided by RNS The company news service from the London Stock Exchange x
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