In the wake of the acquisition of Foster’s Group by SAB Miller, John Pollaers has announced he will step down from his position of CEO to be replaced by chief architect of the purchase, Ari Mervis.

 

Mr Mervis previously held the position of Managing Director Asia.

 

Commenting on the appointment Graham Mackay, Chief Executive of SABMiller said:"Ari brings a wealth of experience from across the SABMiller group and knowledge of Australia having established SABMiller's joint venture there in 2006. He is ideally qualified to lead the integration of Foster's into the SABMiller group and to deliver value from the acquisition for all stakeholders".

 

Chairman of Foster’s, David Crawford, publically thanked Mr Pollaers’ contribution to the company.

 

“I thank John for his leadership and professionalism during this period and wish him the very best for his future endeavours.”

 

Mr Pollaers will continue to operate in a consulting position or SABMiller during the first few months of 2012.

 

Mr Poellers will depart the role 16 December, the effective date of the acquisition.