Pinnacle Holdings Ltd (PNCJ.J) People | Reuters.com
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Pinnacle Holdings Ltd (PNCJ.J)

PNCJ.J on Johannesburg Stock Exchange

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Summary

Name Age Since Current Position

Ashley Tugendhaft

67 2014 Acting Non-Executive Chairman of the Board

Arnold Fourie

53 2016 Joint Chief Executive Officer, Executive Director

Pierre Spies

2016 Deputy Chief Executive Officer

Richard Lyon

57 2013 Chief Financial Officer, Executive Director

J. Parkin

2014 Company Secretary

Bheki Sibiya

2016 Lead Non-Executive Independent Director

Seadimo Chaba

57 2012 Independent Non-Executive Director

Ndumi Medupe

44 2014 Non-Executive Independent Director

Erhard van der Merwe

53 2012 Independent Non-Executive Director

Biographies

Name Description

Ashley Tugendhaft

Mr. Ashley Tugendhaft has been Deputy Chairman of the Board of Pinnacle Holdings Ltd., with effect from 1 July 2016. He is a senior partner at attorneys Tugendhaft Wapnick Banchetti and Partners. An accomplished practitioner in commercial, corporate and tax law, he has more than 30 years’ experience in practice and serves as non-executive director of African Bank Investments Limited, Imperial Holdings Limited and Pinnacle Technology Holdings Limited. He has BA(Wits), LLB (Wits) degrees.

Arnold Fourie

Mr. Arnold J. Fourie is Non-Executive Chairman of the Board of the Company, with effect from 1 July 2016. He is Joint Chief Executive Officer, Executive Director of Pinnacle Technology Holdings Ltd. He completed his Masters in Chemical engineering in 1986 at the University of the Witwatersrand. In 1991 he incorporated PCs2000 as computer retailer sold the venture to a retail group in 1993. He founded the Pinnacle Group with the incorporation of Pinnacle Micro (Pty) Limited as an ICT distributor in the same year and has subsequently acquired and integrated several concerns to enlarge the Group. Pinnacle Technology Holdings Limited was listed on the JSE Limited in 1998. In 2001 he acquired a stake in Rolfes Technology Holdings Limited, and was instrumental in completing its listing on AltX.

Pierre Spies

Richard Lyon

Mr. Richard D. Lyon is Chief Financial Officer, Executive Director of the Company. Mr Lyon qualified as a CA in Scotland in 1983 and then joined Fisher Hoffman Stride in South Africa shortly thereafter. He served as a Financial Manager in Metro Cash and Carry for three years before taking on the Finance Director role in Cashbuild for seven years. He has been with Pinnacle and Axiz for over 17 years and in general commerce for 28 years. He fulfils the role of Group Risk Officer.

J. Parkin

Mr. J. V. Parkin is Company Secretary of Pinnacle Technology Holdings Limited. He was previously the finance director of Workgroup, a subsidiary of the Company and holds a BCompt CTA qualification.

Bheki Sibiya

Seadimo Chaba

Ms. Seadimo Chaba is Independent Non-Executive Director of Pinnacle Technology Holdings Ltd., since August 31, 2012. She is CEO and owner of Seadimo Chaba Consulting cc, a management consultancy. Previously she was the HR Executive: Human Capital Development at Sasol following a period as the Chief Executive Officer for Creditworx (Pty) Ltd, a member of the Thebe Investment Corporation group of companies. Before that she was employed by the Gauteng Provincial Government as the Executive Manager (DDG) for Public Works and Management Services and Chief Director (HR) in the Premier’s Office. She holds a BA (Economics and Industrial Psychology) and a Postgraduate Diploma in Human Resources Management from the University of the Witwatersrand. She has completed the Senior Executive Programme at Wits and Harvard Business Schools. Ms. Chaba has experience in Business and General Management as well as Human Resources Management both in the Private and Public Sectors. She has worked at senior levels in Government and the retail, financial, and the chemical industries. She has board experience and she sits as a non- Executive Director on the Hitachi Power Africa (Pty) Ltd, Safrican Insurance, Amispan (Pty) Ltd and Makotulo Investment (Pty) Ltd Boards. She serves on the Kgosi Neighbourhood Foundation Board, a non-profit organisation. In 2002 she was awarded the Boss of the Year title, the first woman to win the award in 13 years.

Ndumi Medupe

Ms. Ndumi Medupe is an Non-Executive Independent Director of the Company. She Qualified B Acc (KZN University); Post Graduate Diploma in Accountancy (KZN University); and a CA (SA). Ms Medupe is a founder and director of Indyebo Consulting (Pty) Ltd. Her areas of expertise include Governance, Risk, Compliance, Audit and Financial Management. She is currently a member of the South African Institute of Chartered Accountants, the Institute of Directors and the Institute of Internal Auditors.

Erhard van der Merwe

Mr. Erhard van der Merwe is Independent Non-Executive Director of Pinnacle Technology Holdings Ltd., since August 31, 2012. Mr. van der Merwe has a MCom in Business Management and is a Chartered Accountant (SA). He did his articles at PricewaterhouseCoopers and worked for them as a senior audit manager on national and international clients until 1993. During his time with PwC he was seconded to the London office for two years. He spent a further 13 years in the corporate finance industry completing a number of local and international due diligence, corporate advisory, merger and acquisition, JSE and SRP transactions and assignments. He joined the Rolfes Group in 2006, responsible for positioning that Group for a listing and completing strategic acquisitions, and was appointed as CEO of the Rolfes Group in 2007. He brings business and corporate finance experience in the listed environment.

Basic Compensation

Name Fiscal Year Total

Ashley Tugendhaft

452,000

Arnold Fourie

1,642,000

Pierre Spies

--

Richard Lyon

2,699,000

J. Parkin

--

Bheki Sibiya

115,000

Seadimo Chaba

356,000

Ndumi Medupe

193,000

Erhard van der Merwe

181,000
As Of  29 Jun 2015