[South Africa] Mark Bowmans appointed non-Executive Director of Mr Price Group
Mr Price Group has appointed Mark Bowmans as an independent non-executive director with immediate effect. His appointment comes as the Board seeks to refresh its membership and strengthen its international skills base.
Mr Bowman, a BCom Finance, Economics and Business Economics, graduate with an MBA from the University of Cape Town, has twenty years’ experience with SABMiller plc (“SABMiller”).
During his career with the brewer he has been involved in various areas across the retail beverage operation including logistics and planning, production, corporate strategy and IT. He served as Managing Director of the Polish operation before being appointed MD of SABMiller Africa in October 2007.
The Africa operations span 17 countries and during Mr Bowman’s tenure as MD, considerable investment was made into developing 10 new breweries and entering new markets. Anheuser- Busch InBev completed the takeover of SABMiller in October 2016, placing their executive in charge of Africa. Mr Bowman will support with the transition over a 12 month period.
Mr Bowman’s retail experience is further enhanced through his non-executive directorships with Tiger Brands Limited and Dis-Chem Pharmacies Limited.
“In compliance with the Companies Act (71 of 2008) and the Group’s Memorandum of Incorporation, Mr Bowman’s appointment shall be put to shareholders for approval at the upcoming Annual General Meeting on 31 August 2017,” the statement from the company read.