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Grindrod Ltd (GNDJ.J)

GNDJ.J on Johannesburg Stock Exchange

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Summary

Name Age Since Current Position

Michael Hankinson

66 2014 Independent Non-Executive Chairman of the Board

Alan Olivier

55 2006 Chief Executive Officer, Executive Director

Bongiwe Ntuli

38 2015 Chief Executive Officer - Port, Terminals and Rail, Executive Director

Martyn Wade

56 2014 Chief Executive Officer - Shipping, Executive Director

David Polkinghorne

51 2014 Managing Director - Financial Services, Executive Director

Andrew Waller

53 2011 Chief Financial Officer, Executive Director

Cathie Lewis

2013 Company Secretary

Jan Durand

49 2012 Non-Executive Director

Hassen Adams

63 2000 Independent Non-Executive Director

Alf Cato Brahde

61 2013 Independent Non-Executive Director

Mkhuseli Faku

49 2009 Independent Non-Executive Director

Walter Geach

61 2008 Independent Non-Executive Director

Grant Gelink

66 2013 Independent Non-Executive Director

Nkululeko Sowazi

52 2014 Independent Non-executive director

Sandile Zungu

48 2009 Independent Non-Executive Director

Biographies

Name Description

Michael Hankinson

Mr. Michael John Hankinson is Independent Non-Executive Chairman of the Board of the Company. He has been Chairman of the Chairman of the Spar Group Limited. Non-executive director of Illovo Sugar Limited. Mike is a former CEO of Dunlop Tyres International Proprietary Limited and Romatex Limited.

Alan Olivier

Mr. Alan Keith Olivier is Chief Executive Officer, Executive Director of the Company. He is the Chairman of Grindrod Bank Limited and director of major local and international subsidiaries and associates. Chairman of the United Kingdom Mutual Steamship Assurance Association Limited (P&I Club). Alan was employed in 1986 in the Shipping division and held senior treasury and financial positions before his appointment as CEO of Unicorn Shipping in 1995. He was appointed to the board of directors of Grindrod Limited in 1999 and as the CEO of Grindrod Limited in 2007.

Bongiwe Ntuli

Ms. Bongiwe Ntuli is Chief Executive Officer - Port, Terminals and Rail, Executive Director of the Company. She is Director of local subsidiary companies and associates, including Grindrod (SA) (Pty) Ltd, Oiltanking Grindrod Calulo (Pty) Ltd and Röhlig-Grindrod (Pty) Ltd. Bongiwe joined Freight Services in May 2008 as chief financial officer. She previously held various finance, treasury and risk management positions within Anglo American at their head office and in their subsidiaries in different countries, including SA, Canada and London. She holds CA(SA).

Martyn Wade

Mr. Martyn R. Wade is Chief Executive Officer - Shipping, Executive Director of the Company. He has been Director of major international subsidiary companies and UK Freight Demurrage & Defence Association (UK). Martyn has 37 years of international shipping experience and has worked for shipowners, operators and brokers in London, Johannesburg, New York and Singapore. Martyn was a member of the original Baltic Exchange for 10 years. He has six years service with the group.

David Polkinghorne

Mr. David Andrew Polkinghorne is Managing Director - Financial Services, Executive Director of the Company. He has been Managing director of Grindrod Bank Limited and executive director of all the Financial Services Division group companies. Director of The Umhlathuzi Valley Sugar Company Limited and trustee of two charitable trusts. Chairman of the Grindrod Pension and Grindrod Provident Funds. David has been involved in the financial services sector for more than 20 years. He has had exposure to all areas of corporate and investment banking and, in particular, has extensive experience in commercial property finance, private equity and corporate finance. He has 15 years service with the group.

Andrew Waller

Mr. Andrew G. Waller is Chief Financial Officer, Executive Director of the Company. He has been Director of local and international subsidiaries. Andrew was previously a partner of Deloitte & Touche for 15 years during which time he was responsible for a number of South African listed companies. He has four years service with the group.

Cathie Lewis

Mrs. Cathie I. Lewis is Company Secretary of the Company. She holds LLB; LLM (Law of Contract); LLM (Corporate Law), Admitted Attorney and Conveyancer.

Jan Durand

Mr. Jan Jonathan Durand is Non-Executive Director of the Company. He is CEO of Remgro Limited and a director of a number of companies, including Distell Group Limited, Mediclinic International Limited, RCL Foods Limited and RMI Holdings Limited. Pieter Uys is his alternate.

Hassen Adams

Mr. Hassen Adams is Independent Non-Executive Director of the Company. He is a consulting engineer and has diversified business interests in engineering project management, leisure, gaming and property developments. He is the executive chairman of Grand Parade Investment Limited.

Alf Cato Brahde

Mr. Alf Cato Brahde is Independent Non-Executive Director of the Company. He is Managing director of Tufton Oceanic (Isle of Man) Limited. Cato qualified as a naval architect at the University of Newcastle upon Tyne, gained a Master of Science in Business Administration from Boston University and holds a Diploma in Company Direction. He has many years of international shipping experience.

Mkhuseli Faku

Mr. Mkhuseli Richman Faku is Independent Non-Executive Director of the Company. Since 15 December 2009 Group executive chairman and founder of Calulo Investments Proprietary Limited and director of various Calulo group companies. Mkhuseli has extensive experience in the South African oil industry and serves on the boards of Total South Africa and Rhodes University.

Walter Geach

Professor Walter Dayson Geach is Independent Non-Executive Director of the Company. He has been Non-executive director of Grindrod Bank Limited. Walter is an Advocate of the High Court of South Africa and a senior professor at the University of the Western Cape. Walter’s areas of specialisation are financial accounting, taxation, corporate governance, business and financial services.

Grant Gelink

Mr. Grant Glenn Gelink is Independent Non-Executive Director of the Company. He holds BCompt (Hons); BCom (Hons); CA(SA); H Dip Education; Dip Public Administration. He is Non-executive director of Altron Limited, MTN Zakhele Limited, FirstRand Limited and Santam Limited. Grant has had extensive work experience with Deloitte & Touche, which spans over 26 years, and he served as chief executive from 2006 until his retirement from the firm in 2012.

Nkululeko Sowazi

Mr. Nkululeko Leonard Sowazi is Independent Non-executive director of the Company. He is the Chairman on the board of Litha Healthcare Holdings and currently serves as a non-executive director on the boards of Idwala Industrial Holdings, Actom Holdings and Vanguard Group (Ghana). Previously served on the boards of Aveng Limited and Exxaro Resources Limited, inter alia. Nkululeko has over 15 years’ experience in investment management and has vast knowledge of and exposure to the mining, infrastructure and financial services sectors.

Sandile Zungu

Mr. Sandile Donald Muziwenkosi Zungu is Independent Non-Executive Director of the Company. He has been Executive chairman and founding member of Zungu Investments Proprietary Limited and chairman of EOH Holdings Limited. Sandile serves on the Presidential Advisory Council on Black Economic Empowerment and was a member of the World Economic Forum in his capacity as Young Global Leader.

Basic Compensation

Name Fiscal Year Total

Michael Hankinson

754,000

Alan Olivier

9,464,000

Bongiwe Ntuli

4,850,000

Martyn Wade

9,696,000

David Polkinghorne

5,627,000

Andrew Waller

5,181,000

Cathie Lewis

--

Jan Durand

331,000

Hassen Adams

233,000

Alf Cato Brahde

290,000

Mkhuseli Faku

288,000

Walter Geach

478,000

Grant Gelink

336,000

Nkululeko Sowazi

203,000

Sandile Zungu

233,000
As Of  30 Dec 2015