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SABMiller beer's president and chief executive officer for America will retire in November

SABMiller beer's president and chief executive officer for America will retire in November

SABMiller PLC, the world's second-largest brewer, said two high-level executives will retire this year as the company reconfigures its leadership structure.
The parent of parent of Miller Brewing Co. said Thursday that Norman Adami, president and chief executive officer of SABMiller Americas, will retire at the end of November.
Adami wanted to step down and return to South Africa for family reasons, the London-based company said in a news release. He had been with the company for 25 years.
Adami led Milwaukee-based Miller as president and CEO from 2003 to 2006. He oversaw the integration of Grupo Empresarial Bavaria into the SABMiller group during the last year.
He will not be replaced in his SAB Americas positions. Tom Long, president and CEO of Miller Brewing, and Barry Smith, president of SABMiller Latin America, will instead report directly to Graham Mackay, SABMiller chief executive.
Andre Parker, managing director of SABMiller Africa and Asia, will retire at the end of September after 32 years of service, the company said. His position will be split into two. Ari Mervis, currently managing director of Australia, will be managing director of Asia. Mark Bowman, now managing director of Kompania Piwowarska, will be managing director of Africa.
Earlier this week, SABMiller said North American sales of its beers were down 0.7 percent in the latest quarter, hurt by the industry's sagging sales of mainstay brews. Worldwide, however, the company reported a 13 percent rise in lager volumes for the first quarter, tied to particularly strong growth across Europe.
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Updated : 2021-10-24 05:56 GMT+08:00