Graham Mackay (businessman) explained

Graham Mackay
Birth Name:Ernest Arthur Graham Mackay
Birth Date:1949 7, df=yes
Birth Place:Johannesburg, South Africa
Death Place:Hampshire, England
Nationality:South African
Occupation:Businessman
Years Active:1970–2013
Businessman, former Chief Executive and Chairman of SABMiller plc
Term:1999–2013
Successor:Alan Clark
Children:6

Ernest Arthur Graham Mackay (26 July 1949 – 18 December 2013) was a South African businessman, former chief executive and chairman of SABMiller plc, a South African multinational brewing and beverage company registered on the London Stock Exchange, and the world's second-largest brewing company measured by revenues. He was succeeded as chief executive of SABMiller by Alan Clark in April 2013.

Early life

Born in Johannesburg in 1949,[1] the son of Gavin and Mary Mackay, he was educated at St Andrew's College, Grahamstown, South Africa, and University of the Witwatersrand, Johannesburg, with BSc (Engineering) and BCom degrees.[2]

Career

By raising its long-standing chief executive Mackay to chairman, SAB Miller was widely considered to have breached City convention and traditional corporate governance practices, which do not allow a chief executive to become chairman without a good explanation. Corporate governance codes also discourage the chairman being a full-time executive, as Mackay will be for a year.[3]

Mackay joined South African Breweries in 1978. He was appointed group managing director in 1997 and chief executive of South African Breweries plc upon its 1999 London Stock Exchange listing. Mackay was the senior independent non-executive director of Reckitt Benckiser Group plc and a director of Philip Morris International Inc.

Personal life and death

Mackay had six sons, three by each of his two wives.[4]

He died on 18 December 2013 at his home in Hampshire, after an illness.[5] [6] He had previously undergone surgery for a brain tumour in April of that same year.[7]

External links

Notes and References

  1. Web site: SA POWER 100 – 2011: Graham Mackay . The Guardian . 12 October 2011. 1 November 2012.
  2. Web site: SA POWER 100 – 2011: Graham Mackay . The South African . 12 October 2011. 1 November 2012.
  3. News: SABMiller controversially elevates chairman to chief executive . The Guardian . 23 April 2012. 1 November 2012 . London . Simon . Bowers . Jill . Treanor.
  4. Web site: Interview with an Entrepreneur – Graham Mackay, Chief Executive of SABmiller . The Teenage Millionaire . 1 November 2012.
  5. News: SABMiller chairman Graham Mackay dies aged 64 . London . The Independent . Nick . Goodway . 18 December 2013.
  6. News: Graham Mackay - obituary . Telegraph . 2013-12-18 . London.
  7. Web site: AFP: Drinks firm SABMiller says chairman dies after illness . 2016-11-11 . 2014-03-03 . https://web.archive.org/web/20140303191150/http://www.google.com/hostednews/afp/article/ALeqM5jTg1P0eLZTpI-s8cX9ZIAtCX6MOQ?docId=03266194-23d5-4435-86e1-b53171ae2e97 . dead .