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Heineken announced organisational changes

Tuesday, 31 Mar 2015 02:00am EDT

Heineken NV:Announced organisational changes to accelerate strategy delivery.Changes will allow the business to better focus on growth opportunities, to be more agile in responding to consumer needs in the marketplace and be more cost effective in doing so.Business will be regrouped around 4 geographic regions.Said existing regions of Western Europe and Central and Eastern Europe will be united to form a single Europe region.Said existing Africa Middle East region will be combined with Russia and Belarus to form a new region.Said roles of chief marketing officer and chief sales officer will be combined at a global level in one chief commercial officer.Said key functions currently within global business services are now successfully established and so will transfer to the CFO.Said new management group will be leaner and renamed executive team.Said changes will underpin delivery of the company's medium term target of improving consolidated operating margin (beia) by around 40 basis points per annum.Said new structure will be operational from July 1 2015 with Heineken's first half performance for 2015 reported under the existing regional structure on Aug. 3.Said Chris Barrow, currently chief strategy officer, has decided to leave Heineken in July 2015.

Heineken Nigerian subsidiary receive shareholder approval for merger

Friday, 5 Dec 2014 02:00am EST

Heineken NV:Says its majority owned subsidiaries Nigerian Breweries PLC and Consolidated Breweries PLC receive shareholder approval for merger.Says that it is intended that Nigerian Breweries PLC as remaining legal entity will remain listed on Nigerian Stock Exchange after completion of merger.

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Provider: Bohai Securities Co.,Ltd.
$115.00
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$125.00
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$125.00
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