SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2001
W.P. STEWART & CO., LTD.
Trinity Hall, 43 Cedar Avenue
Hamilton HM 12 Bermuda
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F
Form 20-F X Form 40-F
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
82- N.A.
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W.P. STEWART & CO., LTD.
Form 6-K
See press release attached hereto dated 5th September 2001 regarding the
appointment of new executive officers.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
W.P. STEWART & CO., LTD.
By: /s/ LISA D. LEVEY
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Name: Lisa D. Levey
Title: General Counsel and
Assistant Secretary
Date: 7th September 2001
W.P. STEWART & CO., LTD.
CONTACT: FRED M. RYAN
W.P. STEWART & CO., LTD. NAMES NEW EXECUTIVE OFFICERS
5th September 2001
Hamilton, Bermuda
W.P. Stewart & Co., Ltd. announced today that Salim Chaar has joined the company
as Deputy Managing Director-Administration, effective 1st September. Mr. Chaar,
who is based at the company's Bermuda headquarters, is responsible for global
administration covering all of the company's units worldwide.
Also effective 1st September, Rocco Macri and Lisa Levey have been appointed
Deputy Managing Director-Chief Financial Officer and Deputy Managing
Director-General Counsel, respectively. Mr. Macri has been with W.P. Stewart
since 1999 and previously served as the firm's Finance Director. Ms. Levey has
served as the company's General Counsel since joining W.P. Stewart in 1997. She
will continue to serve as the company's Assistant Secretary. Additionally, Susan
Leber, who has served as Deputy Finance Director since 1999, has been named
Director of Financial Operations. The title changes for Mr. Macri, Ms. Levey and
Ms. Leber reflect the fact that they have been asked to broaden their roles and
become, along with Mr. Chaar, part of a more focused team who will assist in
operation of the firm.
The company also announced that Fred Ryan's title has changed to Deputy Managing
Director-Investor Relations to reflect his focus on the company's investor
relations activities.
Mr. Chaar joins W.P. Stewart from Bowen Capital Management, the company's Hong
Kong-based research and sub-advisory affiliate, where he served as its Managing
Director, and a member of the board of directors of its parent company, Bowen
Asia Limited, since March 2000. Mr. Chaar began his career with Banque Indosuez
in Paris in 1976, and worked in various management capacities for Indosuez in
the Middle East and in Asia until 1993, including Chief Operating Officer and
then Managing Director of Indosuez Investment Services in Hong Kong from 1988 to
1992. Mr. Chaar was based in Paris from 1993 to 1997, as President and Chief
Operating Officer of Union Financiere de France Banque, an asset management,
brokerage and insurance subsidiary of Indosuez listed on the French stock
exchange. He left Banque Indosuez in 1997 when it was acquired by Credit
Agricole, and joined the Belgian group Generale de Banque, where he was
appointed Chief Executive Officer of Grand Generale Asset Management Ltd with a
mandate to increase its Asian fund business in Hong Kong. When Generale was
acquired by the Belgian-Dutch group Fortis in 1999 and centralized its asset
management business in Paris and Brussels, Mr. Chaar chose to remain in Hong
Kong, and joined Bowen. Mr.
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TRINITY HALL, 43 CEDAR AVENUE, HAMILTON HM 12, BERMUDA
MAILING ADDRESS: P.O. BOX HM 2905, HAMILTON HM LX, BERMUDA
W.P. STEWART & CO., LTD.
Chaar was educated in Beirut and at the University of Lyon, where he obtained a
degree in Law and Political Science and an MBA.
W.P. Stewart & Co., Ltd. is an asset management company that has provided
research intensive equity management services to clients throughout the world
since 1975. The Company is headquartered in Hamilton, Bermuda and has additional
operations or affiliates in the United States, Europe and Asia.
The Company's shares are listed for trading on the New York Stock Exchange
(symbol: WPL) and on the Bermuda Stock Exchange (symbol: WPS).
For more information, please visit the Company's website at
http:www.wpstewart.com, or call W.P. Stewart Investor Relations (Fred M. Ryan)
at 1-888-695-4092 (toll-free within the United States) or +441-295-8585 (outside
the United States) or e-mail to IRINFO @wpstewart.com .
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TRINITY HALL, 43 CEDAR AVENUE, HAMILTON HM 12, BERMUDA
MAILING ADDRESS: P.O. BOX HM 2905, HAMILTON HM LX, BERMUDA