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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:6391B Sappi Ld 4 April 2001 Sappi appoints new Chief Executive for Fine Paper business Sappi today announced the appointment of a new London based Chief Executive of Sappi Fine Paper. As of 1st May 2001 William (Bill) Sheffield will take over this role from Sappi Executive Chairman, Eugene Van As, who has been acting as interim Chief Executive of Sappi Fine Paper since the acquisition of KNP Leykam. Mr Sheffield will also join the Sappi Limited Board. Eugene van As, Executive Chairman of Sappi, said; "I am delighted that we have found a candidate of Bill Sheffield's calibre and experience to lead the Fine Paper business. He has highly relevant international industrial experience, which will add significant weight to our business." A Canadian citizen, Bill Sheffield was until recently Executive Vice President of International Operations and Corporate Development at Abitibi Consolidated, the world's largest producer of newsprint. In that role, he was responsible for the Group's international operations and joint ventures. Prior to this, he held responsibilities in Logistics and Marketing. Sappi also announced that Monte Haymon, President and Chief Executive of Sappi Fine Paper North America, indicated last year that he wished to retire at the end of 2001. He will, however, remain on the Sappi Limited Board after his retirement. Haymon will serve as non-executive Chairman of Sappi Fine Paper North America once his successor has been appointed, in order to effect a smooth transition. Wolfgang Pfarl will continue as Chief Executive of Fine Paper Europe and, in addition to his Sappi Limited Board responsibilities, will drive initiatives across the Group to develop young, international managers. Albert Lubbe will continue to head up the South African Fine paper business. Issued by: Brunswick on behalf of Sappi Limited Tel +27 (0)11 442 8803 Fax +27 (0)11 442 8838 For further information: Johan van Wyk Sappi Corporate Affairs Manager Tel +27 (0)11 407 8044 Fax +27 (0)11 403 8236 johanvw@za.sappi.com Notes to Editors: The Executive directors of the Sappi Group will be: Executive Chairman Eugene van As CEO, Sappi Fine paper Bill Sheffield Executive Director, Finance Donald Wilson Chairman, SA businesses John Job CEO, Sappi Fine paper North America Monte Haymon CEO Fine Paper Europe Wolfgang Pfarl Following this appointment, the Board of Sappi Fine Paper will consist of: Chairman Eugene van As Chief Executive Bill Sheffield Chief Financial Officer Trevor Larkan Director of Marketing Hank Mollenhauer Director of Planning & Technology Doeko Bosscher President & Chief Executive Fine Monte Haymon Paper, North America Chief Executive Fine Paper, Europe Wolfgang Pfarl Executive Director, Finance Donald Wilson Chairman, South African Businesses John Job
1 Year Qnb Fin 24 Chart |
1 Month Qnb Fin 24 Chart |
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