To view the PDF file, sign up for a MySharenet subscription.

SAPPI LIMITED - Changes to the Board of Directors

Release Date: 13/05/2019 12:46
Code(s): SAP     PDF:  
Wrap Text
Changes to the Board of Directors

Sappi Limited
(Incorporated in the Republic of South Africa)                       
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284
("Sappi" or the "Company")


Changes to the Board of Directors


In terms of paragraph 3.59 (a) of the Listing Requirements of the JSE Limited, Sappi
shareholders are advised of the following changes to the Board of directors of Sappi (the
“Board”) :

The Board is pleased to announce the appointment of Ms Janice E Stipp as independent
non-executive director with effect from 01 June 2019.

Ms Stipp retired from Rogers Corporation in 2018 where she served as Senior Vice
President (2017-2018), Chief Financial Officer and Treasurer from 2015. Prior to that, Ms
Stipp was employed at several companies in senior financial positions, including Tecumseh
Products, Acument Global Technologies, GDX Automotive and TI Group Automotive
Systems. Ms Stipp holds a Bachelor’s Degree in Accounting from Michigan State University
and a Master of Business Administration from Wayne State University. She is a Certified
Public Accountant and a Chartered Global Management Accountant.

Ms Stipp is currently non-executive director and Chair of the Audit Committee of ArcBest
Corporation.

Ms Stipp brings a strong global background to the Sappi Limited Board having had significant
international exposure spanning Europe, Latin America and Asia and has a breadth of skills
and experience, including operating finance, corporate accounting, SEC, tax, mergers and
acquisitions and debt financing. She also has extensive experience at a tactical level,
dealing with labour unions and governmental authorities.

Commenting on the appointment, Sir Nigel Rudd said : “Ms Stipp will be an asset with a
wealth of financial experience and global expertise which will strengthen the Sappi Board
further.“

The Board would like to take this opportunity to welcome Ms Stipp to the Sappi group.


Johannesburg
13 May 2019

Sponsor : UBS South Africa (Pty) Ltd

Date: 13/05/2019 12:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story