15 Jan 2016 13:06:00
Notification of the Change of CEO
Change of director/Executive (-Translation-) Ref. SCCC No. 007/2016 15 January 2016 Subject : Notification of the Change of CEO To : The President of the Stock Exchange of Thailand The Board of Directors of Siam City Cement Public Company Limited (the "Company" or "SCCC"), hereby notify The Stock Exchange of Thailand ("SET") that the Board of Directors acknowledged the resignation of Mr. Vorathep Rangchaikul, as he desires to pursue other interests. As a consequence and in line with our long term succession plans, the Board of Directors has decided to appoint Mr. Siva Mahasandana as the new CEO effective from the date of the next AGM which will take place on April 7, 2016. Mr. Siva Mahasandana has been with the Company for more than 25 years since 1990 and has been in various management positions covering Finance, Internal Audit, Business Risk Management, National Sales Cement, RMX Business, CEO of Siam City Concrete Co., Ltd., Senior Vice President of Saraburi Operations until early 2015, and Deputy CEO and EVP of Marketing & Sales since February 1, 2015. We would like to thank Mr. Vorathep Rangchaikul for his many contributions in strengthening the performance of our Group Company in various areas, and at the same time, we wish Mr. Siva Mahasandana and his team every success in focusing the core operations of our Group Company and in expanding our geographical and business footprint going forward. Please be informed accordingly. Sincerely yours, By order of the Board of Directors of Siam City Cement Public Company Limited -Mr. Wutthipong Songwisit- Company Secretary ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.