ARB Holdings Ltd. announced that William (Billy) Neasham has been appointed as the Group's Chief Executive Officer with effect from 13 February 2015. The Board has initiated the process of identifying and appointing a Group Financial Director as successor to Billy and will advise shareholders in due course. Billy will retain his responsibilities as acting Group Financial Director until a successor has been appointed.

Shareholders are also advised of the resignation of Jacob Modise as a non-executive director of the Board following his appointment as Chairman of NERSA, with effect from 12 February 2015.