Change in Responsibilities
27 Mai 2003 - 4:36PM
UK Regulatory
RNS Number:5624L
Sappi Ld
27 May 2003
Announcement
27 May 2003
Sappi announces changes in director's responsibilities
Sappi has announced that Dr John Job Chairman of the South African Business and
the Group's Director of Technology will relinquish his line responsibility for
the SA Business in December 2003. He will remain the Group's Director of
Technology and will retain his other responsibilities.
Dr Job expressed the desire some time ago to reduce his full-time work
commitments and to retire at the end of 2003. With the leadership transition in
the company, it is very important to maintain continuity and Sappi is delighted
that Dr Job has agreed to defer his retirement and to remain an Executive
Director of Sappi Limited.
This means that John Job's wide general business experience and his particular
technical experience and counsel will remain available, not only at the Sappi
Limited Board level, but also at Subsidiary Boards and he will still remain a
full member of the Sappi Executive team, although he will commit less of his
time to Sappi on a routine basis.
The Group's new CEO, Jonathan Leslie, will plan John Job's succession in the
months ahead and a further announcement will be made in due course.
For further information:
Andre Oberholzer
Public 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
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