04.08.2016 08:45:32
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AB InBev - SABMiller Merged Entity To Be Headquartered In Leuven, Belgium
(RTTNews) - Anheuser-Busch InBev SA/NV or AB InBev (BUD, AHBIF.PK) announced the organizational structure, leadership team and other appointments for the combined group intended to be implemented following completion of the recommended business combination with SABMiller plc (SBMRY.PK, SAB.L).
The combined group will be headquartered in Leuven, Belgium, and will have its Global Functional Management Office in New York.
Following the completion of the combination, it is intended that a presence will be retained in SABMiller's UK offices in Woking for people working on integration and business continuity for a transitional period.
The combined group will be organized into nine geographical Zones. They are North America, Middle Americas, Latin America North, Latin America South, Latin America COPEC, Europe, Asia Pacific North, Asia Pacific South, and Africa.
The Executive Board of Management (EBM) will be composed of the Zone Presidents and Functional Heads, or 'Chiefs,' reporting to Carlos Brito, AB InBev's Chief Executive Officer. Mauricio Leyva of SABMiller, now Managing Director of SAB (Pty) Ltd., will join the EBM as Zone President, Middle Americas.
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